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Technology Stocks : Williams Communications Group - WCG
WCG 349.92+1.4%Jan 23 4:00 PM EST

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To: pat mudge who wrote (232)12/10/1999 9:35:00 AM
From: Bosco   of 609
 
G'day all - hi pat, the deal between WCG and Prism [CDO] should be beneficial to the former, so that doesn't seem to explain the collapse.

Rather, I think the short interest may be part of the culprit. It is possible some people are taking a long position in WMB and short WCG as an hedge. Sooner or later, they may realise this old style hedging may be hazardous to their health

best, Bosco
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