SWS - An undiscovered gem Message Board

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Non-Tech : SWS - An undiscovered gem

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To: Paul Senior who wrote (492)	11/30/2000 6:59:26 AM
From: Wallace Rivers	of 504

Funny you should ask, Paul! I had a limit order in yesterday at 19 7/8 which, thankfully, didn't fill. I suspect it trades lower than that today what with the GTW and ALTR bombs. It's no secret that volumes are probably down, what with the weakness of the markets, etc. Trying to figure out the NITE derivative hedge thing with SWS. It appears a smart (for the time being) hedge on SWS' remaining NITE holdings. Correct me if I'm wrong. I wish Mr. G would get off his soap box and lower rates. My God, we've got what appears to be weakening consumer demand, and he's gotten exactly what he wants - the NAZ will probably be down 50% YTD today, a real drag on the economy. Big Al says he doesn't target the markets, yea right! If he doesn't do the right thing, we go from a "slowing economy" to using the "r" word.

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