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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Forrest who wrote (19118)	5/28/1999 11:19:00 AM
From: Tom Tallant	Read Replies (3) \| Respond to of 41369

Ed, What's your thought on this: I firmly believe that a good deal of this recent blood-letting is margin related. When I-nets get hit hard like this and don't bounce within the call time-frame it creates a spiral effect to the downside. I also firmly believe that fund managers recognize this and wait until there is a washout to buy. Remember, most brokerage firms have higher margin requirements for internet stocks and as we all know, these stocks don't move in 1/8's or 1/4's but 1's and 5's. Regards, Tom