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To: Chris K. who wrote (1125)11/4/1999 1:46:00 AM
From: HungryMan  Respond to of 1174
 
MFO on RB..

MFO will be on RB this Friday.. From the RB board:

"Hello from BigSteve! I bring news....not anything great but still news! Mike O'Shea has informed me he will send me a "posting" tomorrow that will hopefully get everyone up to speed. Then on Friday at 8 pm EST- we can do a Q&A session with him on the R/B Board. Hope this helps get rid of some of your butterflies. I'll be there as well to mediate like last time. I'll include the "meeting format" in the statement. Hope to see you all there. BigSteve"

-- Hungry



To: Chris K. who wrote (1125)11/4/1999 1:59:00 AM
From: Jim Bishop  Read Replies (1) | Respond to of 1174
 
Chris, I hate to tell you this, but you have it backwards.

From the time and sales report, those B's are actually what you and I would call sells. That is from a Market Maker report.

So if you just want to look at the buys, first thing you have to do, is change all those B's to S'sssssssss.

While for those long, the prices suck, for the pinks, that is one hell of a tight spread. You can buy at .025 - .035 but sell at .02. MM's LOVE the pinks, if they're on one that trades.


11/01/1999 09:44:28 B 2,084 0.02
09:47:03 S 1,500 0.03
10:40:22 B 11,000 0.02
10:40:39 S 11,000 0.025
11:40:00 B 10,000 0.02
11:40:31 S 10,000 0.025
11:42:57 B 5,000 0.02
11:48:18 S 5,000 0.035
13:20:49 B 1,000 0.03
13:27:14 S 75,000 0.035
13:27:14 B 50,000 0.03 O C
13:59:40 S 50,000 0.03 SLD O
14:23:59 S 30,000 0.03 O
11/02/1999 11:38:31 S 5,000 0.035
14:55:26 S 10,000 0.03
15:34:35 B 2,000 0.025

Time and Sales Report Key:
As Of
Y = Trade Reported T+1
blank = Current Day Trade

Buy/Sell
B = Reporting side buy
S = Reporting side sell

MOD1 & MOD2 (Trade Modifiers or Conditions)
B = Bunched Trade
C = Cash Sale
SB = Sold Bunched
ND = Next Day Delivery
Snn = Seller Option (nn is numeric)
S(X) = Settlement Date
T = Form T trade
SLD = Sold out of sequence
W = Average Price
PRICE OVERRIDE
O = Subscriber entry price override
X = Supervisory entry price override
V = Supervisory contract override

MEDIA DISSEMINATED
No = Not disseminated to the media
blank = Processed for media reporting

ACT STATUS
B = Broken
C = Canceled
D = Declined
I = Inhibited (by clearing firm)
K = Rejected sizable trade
N = "No" portion of No/Was trade