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To: eichler who wrote (468)8/14/2001 4:07:41 PM
From: thestockrider  Read Replies (1) | Respond to of 2290
 
It looks to me like quite a few of the grossly overvalued stocks have cracked. AMZN (despite the last two days), BEAS, HOMS, MU, etc. With Mutual Fund redemptions and fund switching, what's a fund manager going to sell? MU or CSCO? BEAS or MSFT? AMZN or EBAY? KSS or KM? www.amgdata.com has reported net redemptions in tech stock funds and aggressive stock funds for several weeks.

-thestockrider