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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (23936)	8/11/1998 1:18:00 PM
From: Jurgen	Read Replies (1) \| Respond to of 94695

Anybody watching GCTY (geocity IPO) ? As long as "sorry, no earnings for the next 20 years or so but let's burn some cash" companies double on a day like this the bull is not dead JMHO of course Jurgen

To: William H Huebl who wrote (23936)	8/11/1998 3:01:00 PM
From: James F. Hopkins	Read Replies (3) \| Respond to of 94695

Bill; It don't look OK to me, to much down tick in relation to the fall, it's being artificially slowed, so the S/MMs can still unwind. ie- they are still distributing, when they finish she will POP down, then they will accumulate. I don't see it happening today, I just pray 8000 does hold, or you may kiss the American Pie good bye , and most of the pension funds with it, not to mention all the insurance companies that can go belly up. It has happened before. Jim