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To: Augustus Gloop who wrote (19769)2/8/1999 10:02:00 AM
From: Baz Luhrman  Read Replies (2) | Respond to of 27307
 
What kind of hit are we talking about? It's only down about 3 points or just over 2%.



To: Augustus Gloop who wrote (19769)2/8/1999 10:48:00 AM
From: Paul Merriwether  Read Replies (2) | Respond to of 27307
 
Naz
One explanation might be Datek's new, more stringent margin requirements(got an e-mail notice this morning)...
Another may be that folks are "selling the news"(it's already split).
Also, pretty bad piece about "internut stocks" in "The Economist" this week(compared it to "lighting company mania" in 1882). As in "electric lighting wave of the future, but very few companies actually profiting from it over the long term"...