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To: waldo who wrote (4037)12/30/1998 5:37:00 PM
From: waldo  Read Replies (2) | Respond to of 37507
 
>>''In the past, institutional investors dominated the market's direction with large orders, but in 1998, the on-line investor came of age as a powerful force,'' said Buzz Geduld, president of Herzog Heine Geduld, in a statement to clients.<<

>>''There are so many people (institutional traders) not active that to read into today's trading would be an exercise in futility. This is Internet insanity,'' said Bill Meehan, chief market strategist at Cantor Fitzgerald. "<<

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