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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Jack Colton who wrote (43565)5/21/1999 12:01:00 AM
From: kathyh  Read Replies (1) of 90042
 
yes, the tone on cfn is a bit more negative tonight, isn't it... the fitch article out last night basically said rating would go higher if buyout complete... moody's has a pretty negative spin...

but it was a nice trade anyway... i initially sold 1/2 for 1 3/8 points, then sold the other half a bit later @ 1/16 more... when i saw about 50k shares at the ask... it may be one to watch, depending on when/if and at what price deal with gmac happens...

kathy :)
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