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To: Morgan Drake who wrote (36411)7/21/1999 3:03:00 PM
From: Ruffian  Respond to of 152472
 
There will be a lot of volatility on the close today. The deal will be priced @ the closing price.

Mp



To: Morgan Drake who wrote (36411)7/21/1999 3:08:00 PM
From: LindyBill  Read Replies (1) | Respond to of 152472
 
I don't get it. Does anybody here get it? Have we drifted into the Twilight Zone?

1. Profit taking from the run up to earnings. ( Thew MO-MO boys)

2. Short sales figuring that it will go down now that earnings are past.

3. Normal market volatility

Hey, "don't get nervous in the service"



To: Morgan Drake who wrote (36411)7/21/1999 3:35:00 PM
From: Voltaire  Read Replies (3) | Respond to of 152472
 
This is nothing more than manipulation. Two houses or two funds can sit there and "saddle" a stock all day long unless there is undue pressure on the buy or sell side. There is no pressure one way or the other at the present time but after the close is a different ballgame. Watch for one hour after close. While they go through the day cutting their nails they also suck in a few shorts with their little 3 point deficit. Might as well make a little pocket change I guess.

Voltaire