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To: Cycleman who wrote (43994)1/5/1998 5:31:00 PM
From: Paul Engel  Respond to of 186894
 
Geoffrey - Re: "Fund managers' horizons extend only one or two
quarters,"

I think their horizon extends only one or two days - at best. At the first whiff of bad news, many of them unload their stocks faster than a speeding bullet.

Look at Netscape - 14,000,000 shares traded hands today - 7 TIMES the average daily volume!

Paul