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To: diana g who wrote (28526)8/28/1998 12:13:00 PM
From: Chas  Read Replies (1) | Respond to of 95453
 
Don't you love the smell of napalm in the morning? I wish it smelled like victory, but so far today it is more of a "mexican standoff".

Good luck, Chas



To: diana g who wrote (28526)8/28/1998 12:21:00 PM
From: marc chatman  Respond to of 95453
 
Hi Diana, nice to hear from you!

OK, this is my take on today's selling:

margin call related: 10%
short sellers: 15%
fund redemption related: 20%
panic related: 15-20%
traders cutting losses: 35%
people who think they can get it back cheaper: 15%
people selling to raise cash to buy internet stocks: 50-55%
people hitting the wrong button on their computer trading programs: 5%

Oh, wait, that's too much. Well, maybe some people have more than one reason.

(I'm just kidding around, but I felt I had to say something. <g>)

Later