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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 (24361)	8/15/1998 12:26:00 PM
From: Bonnie Bear	Read Replies (2) \| Respond to of 94695

Bill: here's some tea leaves perhaps worth reading.... my few shares in FAMCK have fallen so far so fast that it is now trading for less than the price of cash per share. I find this really odd since it is a bank backed by congress with full faith and credit of the govt, all they have to do to make money is buy fannie maes and collect interest. this is largely owned by institutions Now the only reasons I can think this would sell off is (1) major interest-rate shock (2) 1932 depression ahead- banks are dumping everything to buy treasuries (3) banks are dumping their stockholdings to get out from under massive amounts of bad debt. (4) criminal manipulation of Nasdaq. any .02s out there? GE at 30- I could see that happening. Where are these multinationals going to grow profits with most of the world in the Great Depression?