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To: Jan Crawley who wrote (51452)4/19/1999 4:41:00 PM
From: Rob S.  Respond to of 164684
 
No news blood-letting. It didn't take news of an iceberg to sink the Internets. The anals were hyping, and upgrading and getting their clients out, IMO. Now the funds are rotating out into other sectors. No doubt that many of the anals will now chime in, after the fact, to say "the cyclicals is where ya ought to be". One of the brokerages, I think Smith Barney, reported making $1 billion in trading commissions during the past quarter. One of these days investors will wake up and realize that it is their money that has been funneled into the pockets of these brilliant strategists - brilliant at lining their own pockets!