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To: katmando who wrote (17499)5/25/1999 7:05:00 PM
From: zurdo  Respond to of 27722
 
<<But you may be right about bad news coming>>
Did CB say there was BAD news coming???...I missed that...He said he thought something was up...not necessarily bad...Did I miss something, KAT???



To: katmando who wrote (17499)5/25/1999 7:59:00 PM
From: country bob  Read Replies (3) | Respond to of 27722
 
Kat; I didn't necessarily mean BAD news is on the horizon. If someone jumped in for the IPO and expected it the week of the 31st,the current market status might be a reason to pull their cards off the table.The less than stellar performance by BNBN today probably iced it.IMO launching the IPO this week would be risky at best.To others it may be a disappointment, so they pulled out.




To: katmando who wrote (17499)5/26/1999 12:24:00 PM
From: katmando  Read Replies (2) | Respond to of 27722
 
FWIW...Like I said yesterday...

1. Since Jan 99, Traders have been in/out regularly = volatiliy.

2. Today = panic selling.

3. Probably will be a delay in IPO.

4. Market will rebound...and rebound beautifully. Economy = GOOD.

5. Only decision is when to BUY more...ie where is bottom?

Katmando