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To: Glenn D. Rudolph who wrote (73446)8/12/1999 4:49:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
TERN looks like it is being manipulated. I would keep away.
The whipsaws in this one are *unbelievable*

--Olu E.



To: Glenn D. Rudolph who wrote (73446)8/12/1999 8:25:00 PM
From: Tradegod  Read Replies (1) | Respond to of 164684
 
I've been following it down, (bought puts @ 38 yesterday as you may have noticed). Formed a nice base around 33 1/2 today, broke once below 33 and then started to rally. Saw some large blocks move just prior and assumed -:) that a seller was done. Quickly went to 34, and then got caught in the market down draft the last 30 minutes.

It was really a play on an inet related rebound which the big 3 started 2 days ago. Felt it was probably TERN's turn. Now it's up to the PPI.

>TERN is a decent size position for me and I bought average 48. Why did you buy besides you believe it will go up?