USAT Long Distance Telecommunications Message Board

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Technology Stocks : USAT Long Distance Telecommunications

USAT 10.55

-0.3%

Nov 13 4:00 PM EST

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To: Brett S. who wrote (258)	2/3/1999 4:51:00 PM
From: Sir Auric Goldfinger	Read Replies (1) of 397

Nope, we're elated that it was halted. Never cover is great. 15C 211 is required to be filed by a broker who wants to make this market after the halt is over (Feb 12 or thereafter) and accepted by the SEC and NASD. Puts heavy potential liabilities on the brokers. The broker is effectively sayign in that filing that he knows all of the issues and the nubmers are correct and everything is just hunky dorey. No one is incentiveized to do that here or in CTRN et al. No investment bankers who took it out. ALEX is a fly with no capital, he's probably off to the Caymans by now anyway.

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