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To: Sarmad Y. Hermiz who wrote (50350)4/14/1999 6:23:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Amazingly, the "overvalued" stocks were sold-off, and the low P/E were BOUGHT
today. Among the stocks I have:


Sarmad,

I agree there was rotation. The entire tech sector has a high PE with a few exceptions which you noted such as SEG and LSI,

Why did the banks sell off at the end?

Glenn



To: Sarmad Y. Hermiz who wrote (50350)4/14/1999 6:28:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
You forgot SEBL! A WH special! (Actually it sold off yesterday so the fact it was up today isn't really significant but its still worth pointing out)