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To: Larry S. who wrote (41649)7/16/2002 8:29:07 AM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
NXTL - reported 25 cents profit vs expected loss. now 6.70 up 1.70. larry



To: Larry S. who wrote (41649)7/16/2002 9:05:40 AM
From: Joe Stocks  Respond to of 53068
 
Larry, See if this story sounds familiar.

rense.com



To: Larry S. who wrote (41649)7/16/2002 9:10:48 AM
From: BWAC  Read Replies (1) | Respond to of 53068
 
1987 and computer programs.

The next "portfolio insurance" program trading blowup ala '87 will be the 'buy to cover' panic, as the programs keep getting triggered and keep buying as the market keeps rising.