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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Dom B. who wrote (45412)	6/10/1998 10:52:00 AM
From: Stoctrash	Respond to of 58727

OT... Has or did anyone notice the stand in for Joe Kernan last week looked just like Monical Lewinski, with just a little less lip stick? And another thing...anyone ever get harassed by a bank or mortgage company saying you OWE more $$$$$ for your mortgage even though you've paid it all off, used all the stubs etc,....and they cannot even show or prove where this extra $$$ error is? They are harassing my parents ....stoping by the house leaving notes on the door, calling every other day, and threatening to foreclose on them? What recourse do they have?

To: Dom B. who wrote (45412)	6/10/1998 10:54:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

No, I'm still long from last night.....strong stomach I guess....lot's of Irish Whiskey helps. Think it was the overseas markets and the YEN that spun it this morning.....pit traders running stops helps as well.

To: Dom B. who wrote (45412)	6/10/1998 2:24:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

<Sometimes I wish I was Andrea Mitchell.> Gosh Dom I didnt know you felt Greenspan was so darn attractive! ----------------- +Amigo Sergio (5801 ) From: +Phil Jacobson Wednesday, Jun 10 1998 9:10AM ET Reply # of 5813 I tried to buy SEEK yesterday with a market order (used DLJDirect's phone system) and found out AFTER the close it had been rejected! Missed a huge gain. DLJ Direct has decided that most Internet stocks are no longer marginable due to high volatility and risk. That includes YHOO, XCIT, SEEK, LCOS, plus others. I understand their position but in this case I think they've gone a bit too far. Phil

To: Dom B. who wrote (45412)	6/11/1998 10:32:00 AM
From: John Lacelle	Read Replies (4) \| Respond to of 58727

Dom, I think what you see in the market is the early waves of the Asia situation hitting the market. The computer industry was a strong point in the S & P 500 and the US economy. However, at this point all the warning signs are in place for those who look. There is major overproduction in almost all areas of the computer industry. MSFT, INTC, and CSCO were such giants of growth. Now all these companies are slowly becoming bloated...INTC is laying off people now. They are delaying production of the next generation processor. All these signs indicate that tough times are ahead. Looking at the activity of the FED RES Chair Greenspan. He is not raising the intersest rates because the impact of Asia is causing deflation in the USA and also slowing growth. Inflation will be kept at bay by this global phenomenon. I think the only question left is "how far will the market fall to correct for this situation"? That is a tough call because this Baby Boomer 401(k) juggernaut has over inflated the valuations of the stock market but also given a large base of support. Perhaps US equities are now like that of Japan with high P/E ratios, low dividend yield, and little growth. Personally, I'd like to see 50% of the market get chopped off tomorrow just so it would be like the good old days, but that all depends upon you day traders... -John