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To: Bill Harmond who wrote (52037)4/21/1999 1:17:00 PM
From: KeepItSimple  Read Replies (3) | Respond to of 164684
 
> Do you?

Yes, I do. I also know their prices are almost entirely controlled by day-trading hordes who can turn on a dime.

Or are you forgetting a few days ago when they dropped around 20% in 8 hours? At that rate the companies would be at 0 in one business week. And you kid yourself into thinking these prices are guaranteed?

Glenn was quoted in the WSJ as saying he got a margin call, due to ONE DOWN DAY. Apparently a ton of other 'investors' did too.

What would happen if there were two down days like that? How long before personal finances were ruined and the game finally ended?