But the heavy selling of the last several months has left the stock cheap.

Heavy selling in Microsoft also put pressure on the stock market.

Heavy selling in cable television stocks also put pressure on prices.

Heavy selling by mutual funds may also have been at work yesterday.

"Normally they refrain from heavy selling just before the meeting."

Any news that implies they may have can prompt heavy selling.

"The market fell on a lack of buying rather than from terribly heavy selling."

By 11:30, heavy selling again depressed prices, which then kept dropping most of the day.

Q. Your report shows that heavy selling by mutual funds was part of the problem.

"The fact that there was no heavy selling bodes well for the next few months."