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Pastimes : Ask Steve

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To: Stu Bruins who wrote (654)2/6/1997 10:53:00 AM
From: IceShark   of 4749
 
Stu, Well your evil thoughts seem to finally be showing effect, after an unsettling blip. Thank God. I took a way too big of a gamble in ice cubes for my portfolio and was getting mighty nervous a few days ago. I think the worm has turned, although, I am now wondering if we have enough time for reality to sink in. There is still some big money buying in.

If the price continues to slide what does MU do about the secondary? (I suppose they could sell more MUEI.) Obviously a big incentive for the underwriters to keep current demand up - do they have enough fingers to plug all the holes which are starting to develop? Bear Stearns ain't going to help. Keep those fingers crossed!

Regards, DWW
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