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To: Tom Carroll who wrote (2882)	11/2/1998 7:47:00 PM
From: Tom Carroll	Read Replies (3) of 10072

IOM action following SYQT news All, That was quite a spike in volume and price there at the end of the day as the SYQT news broke. I'm curious about who did that buying, and whether or not the demand ran past closing. For those of you who can check such things, were those buys circa 3:45 p.m. large blocks (presumably from institutional buyers) or were they gobs of small blocks? Also, I know it's not Nasdaq, but is there any way of knowing about after-hours demand for a NYSE listing like IOM? If so, what's the news? Inquiring minds want to know. If it was institutions that bought big blocks on the SYQT news, I must say I question the professionalism of the managers at those institutions doing the buying. Didn't they know that SYQT was on the brink, that it was just a matter of time? That press release SYQT issued about a month ago was about as overt a notice of future catastrophe as they could have issued. Hey, Truff, did you get to cover your SYQT short in time? I hope so. Cheers, Tom (long IOM)

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