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To: Hector who wrote (98717)2/13/1999 12:07:00 PM
From: SirVinny  Read Replies (1) | Respond to of 176387
 
When A. Greenspan goes to the bathroom everyone listens!!!!

As you know the markets are very sensitive. More so today than in years previous. A fund manager controls billions of dollars of investments. When someone on Wall Street with a title next to his name says something negative, fund managers do not have the time to evaluate the veracity of those comments. They will sell first and ask questions later. Just imagine the Domino effect a fund manager's sell-off of a particular stock has on that stock.

SirVinny