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To: KeepItSimple who wrote (31842)12/30/1998 5:46:00 PM
From: Bill Harmond  Read Replies (4) | Respond to of 164684
 
>>I suspect over the next two-three trading days the SEC is going to do something, and the first step is for them to halt trading in some of these mania stocks.

Not Amazon. Not AOL. Not Yahoo. Didn't many brokerages limit margin on Internet names about 30-50% ago?

>>There is going to be blood on the streets, and the players have no-one to blame but themselves. All manias end badly, and by all measures this has been the biggest mania of all time, and it will end in the worst possible way.

You remind me of a guy standing on the corner of Broad & Wall wearing a sandwich sign. "Sell!! The END is nigh!! Repent and embrace reason you heathen speculators!!"

Imagine all the "newbie" shorts who piled in today.



To: KeepItSimple who wrote (31842)12/31/1998 11:08:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

Hello Glenn, I suspect over the next two-three trading days the SEC is going to do
something, and the first step is for them to halt trading in some of these mania stocks.


KIS,

As much as I hate it, I do not see a reason for halting.

Glenn


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