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To: Razorbak who wrote (54759)11/15/1999 12:33:00 PM
From: SliderOnTheBlack  Read Replies (4) | Respond to of 95453
 
Razor; with a name like that - catching falling knives should be 2nd nature (VBG),

I like the volume today - given, it also gives any remaining sellers some positive momenteum to sell into if they still want out...

I'm curious to see if we will see a huge run up; without any company response. Their hands are not as tied response-wise as some may think.

Also; Pru and other large holders; should have consulted specialist "Asbestots" litigators and quantified the risk themselves imho. If we see a move up on large volume sustained; that may be one reason... the risk is being - or, should be - being quantified by major holders through independant attorney's & risk specialists as we speak...

This is ultimately a major upside play; the question is - merely one of deadmoney and where do you limit your doubling down, or knife chasing... I'm comfy with a reasonable position here - nothing crazy; enough to be optimisitc on a return to reality, but not enough to lose any sleep about, or to hesitate in dumping - if it becomes dead money.

Today and potentially tomorrrow's volume may tell us if its going to be "deadmoney" - doesn't look to be imho...