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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (2332)	6/18/1999 1:09:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 19428

Well, they do just the necessary thinks, zooming the spread, taking slowly what is thrown in bertween. and even the warrant is sold on the spot. Did I get it right, they have to close it at $24 today, if they don't call and want to sustain the redemption right?

To: Tom Hua who wrote (2332)	6/18/1999 2:03:00 PM
From: Zeev Hed	Respond to of 19428

Tom, they will not bring it down at once, remember, a lot of people have stood "by" the stock for the last month to keep it above $24, and they must be given the opportunity to unwind (or next time when they are called to do the same exercise, like for MU in few months, they will not be there). But you are seeing the beginning of the effect of the unwinding. I think that within two months or less, you can cover around $16 or so. Zeev