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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Larry S. who wrote (20143)	6/24/1999 10:47:00 PM
From: AugustWest	Read Replies (1) of 53068

Lary, that pop this morning was shorts covering their positions. There was a secondary that went off the other day at $39. Underwritten by ML. Apparently after the Exchange news, those holders got nervous, ands sold their stock. Only ptoblem, the company withdrew from the opffering leaving those who sold with a short position. Not a bad profit if they sold early yesterday, and covered late today. Anyhow, if you're still interested, the CFO will be on Squawk Box tomorrow morning. Slated for 9:10 a.m.

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