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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)
VOD 12.53+1.3%12:32 PM EST
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To: Roy F who wrote (1265)10/2/1998 5:55:00 PM
From: Ibexx  Read Replies (3) of 3175
 
Roy and thread,

Re. Large block crossed by Lehman

In Ralph Acampora's column today, he gave out a list of brokerage houses having significant exposure to the LTMC hedge fund. And it was no surprise that I found Lehman Brothers' name among them.

At least this information conforms with my theory that Lehman sold blocks of ATI to save their neck.
__________

From RA's daily column at Prudential website:

Merrill Lynch (MER 44, *)
Lehman Brothers (LEH 28, *)
Donaldson Lufkin Jennerette (DLJ 24 7/8, *)
Travellers (TRV 35 3/4, *)
Lincoln Nat'l (LNC 79 5/16, *)

The above are reported to have significant exposure to the near-failed hedge fund.

Ibexx
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