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Strategies & Market Trends : Value Investing

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To: Allen Furlan who wrote (4543)	7/30/1998 5:41:00 PM
From: Michael Burry	of 78717

All, anyone notice SCNYA trading 30k shares/day the last three days? Earnings coming out next week. Two rumors I heard: 1)MO will take over UST. The day I read this UST jumped over 2 points, halted trading, then resumed trading near breakeven on no news on sky-high volume. 2)CAT will take over NH. Totally unsubstantiated and no volume or price movement to indicate it's true.

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