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To: Skywatcher who wrote (4880)	6/15/1999 4:22:00 PM
From: art slott	Read Replies (1) \| Respond to of 13157

I was watching the stock tank and the trades were very small. Most were under a 1000 shs. Looks like mm's were taking out all stops. I think we dropped over 2 points on maybe 1 at most 200 k shs.

To: Skywatcher who wrote (4880)	6/15/1999 4:32:00 PM
From: VeloSpeed	Read Replies (1) \| Respond to of 13157

Not sure if I agree there, that this was large investors and not CPI related. The sell-off really happened around 3:30 after the bond market turned south. Doesn't look like there were very large blocks, but rather a steady stream of MMs dragging it down very quickly on each consecutive fill (I was watching it.) Looks like many fell for it and dumped cheap (and margin calls are probably pretty common this week so many more sold in fear of a further drop tomorrow.) Either the MMs worked this one over good, or bad news leaked at 3:30. We'll find out soon enough... -VeloSpeed