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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (313)	4/13/1998 4:37:00 PM
From: Pancho Villa	Read Replies (2) \| Respond to of 650

Our puppy was up $1 in light volume. With Mutual Funds and insiders controlling in the order of 90% of the float all the analysis we do is hopeless unless these guys start selling... IMO only a significant correction in the NASDAQ or some bad news like a class action suit are the only events that will trigger this. Unless one of the MMs (mutual Fund Managers)realizes it is not a good idea to be in a stock with such a poor liquidity and starts selling sooner. Pancho IMO ZONA has a similar problem (the stock is a clear short yet it went up today)