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To: David H. Zimmer who wrote (6963)	6/24/1999 11:19:00 AM
From: jjs_ynot	Respond to of 20297

It does appear that the brokerage community is taking the scammy move by the banks as a personal attack on their underwriting business. The brokerages have a lot of clout (e.g. can you say Robert Rubin?).

To: David H. Zimmer who wrote (6963)	6/24/1999 3:46:00 PM
From: TLindt	Read Replies (4) \| Respond to of 20297

>>>Looks like the action to allow for clients to cover if short is complete. We seem to be missing one thing here....if you were right before about the managers of the seconday going short...ie whores...then covering with the shares in the secondary. And since there was no secondary are they all still short too? Just asking...