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To: JPR who wrote (27327)1/10/1998 2:20:00 PM
From: Paul van Wijk  Read Replies (2) | Respond to of 176387
 
Paul,

I agree there is some overreaction. I'm not blind for the other side
of the story. But le me give you a link in return.

suretrade.stkwtch.com

Try some more stock-symbols.

And a bonus-link infothuis.nl (click on EMBASSY 1998)

Paul



To: JPR who wrote (27327)1/10/1998 2:44:00 PM
From: Sig  Respond to of 176387
 
Paul:
<<<Wall Street Overeacting to Asian Crisis Paul >>>
Absolutely:
The Florida land boom of the 20's, the gold rushes in Calif
and Alaska, the gas crises of the 70's, greatest point drop in
the Dow in history followed by the 300+ point rise.
Building of bomb shelters and countries putting factories
underground because of the A- bombs.
Mexican Peso originally worth one dollar, last I was there
it was 6000 to the dollar. Has that destroyed the economy???
Mexico seems to be doing great today ( am not an economist)

Part of todays overreaction may be due to things like progam
trading( computer says sell) and thousands of similar software
progams implement sell or buy programs.
Another factor being the amazing proliferation and immediate distribution of market "news" over the Web.
When a company has a bad report at 4:20 pm by the time
the stock opens at 9:30 it opens down 38%. Common stockholder
has 'had it'.
Thorough knowledge of the company can help a lot.
Sig