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To: David H. Zimmer who wrote (7073)6/25/1999 12:19:00 AM
From: TLindt  Read Replies (1) | Respond to of 20297
 
>>>>Damn that "certain short sale" language

Yea...well they ran it down from the origional 'proposed' overing price of $47 to $34....wasn't it when I was on vaction...only continue up from there all week until the offering was priced one week later at $39. Bend over dave...expose...it was classic. I'm in LOve..Pricks all covered below $39.

The Commission believes that the application of Rule 105
should be limited to the period corresponding to the longest
restricted period of Regulation M, which is five business days,
and that short sellers contemplating a covering transaction will
be in a position to know if any of their short sales were made
within that five business day period. If short sales were made
during this period, the short seller cannot cover those short
sales with securities purchased in the offering.