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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Susan Saline who wrote (20779)9/23/1999 6:47:00 AM
From: Ron McKinnon  Read Replies (2) of 53068
 
HHH

need to chew on this one a bit

first, did ML buy the underlying securities yesterday in advance of HHH trading today? Did that help the big net run up?

100 round lot limit; no lesser shares allowed; so appox $10,000 min to buy?

reatail investors might want to "run" the price up over the underlying value of the 20 stocks but won't computer based programs quickly offset any variance buy buying/selling the basket against HHH?

assumning the initial offering is snapped up, how quickly will ML issue more shares?

can HHH br shorted? during the first 30 days?

won't HHH in essence lock up these shares in the 20 stocks from trading? except for redemptions? HHH can not short the 20 stocks, so will this in essence lower the float of them?

a ton more questions; too early for the brain

but interesting

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