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Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE
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To: Steve Lokness who wrote (122)1/13/1999 5:48:00 PM
From: Arthur Radley  Read Replies (1) of 613
 
Adding to what Mike said, give us a little background on ABSC. Especially any info that will support their breaking even this year.

I spoke earlier this week with an old friend from California(he is retired from having his own seat on the Pacific Exchange) and he warned me about a violent downdraft that he expected in the market by Friday's expiration of options. Even though we got a good "shaking" today and a nice recovery, I still think my friend's words of caution might be further felt before the week is out.
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