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To: Jim Willie CB who wrote (54864)12/17/1999 5:13:00 PM
From: Voltaire  Respond to of 152472
 
Just a tad, now we should have clear sailing to split!

V



To: Jim Willie CB who wrote (54864)12/17/1999 5:18:00 PM
From: jmac  Read Replies (1) | Respond to of 152472
 
We had the 11 point jump and they took back 5 of them from 4 minutes after the close until now. I am sure this is an MM move but I am not quite sure I undertsand the meaning of the move. I would have thought we'd close at 450 or 460. I am not sure where the actual close is going to show.



To: Jim Willie CB who wrote (54864)12/17/1999 5:28:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
afterhours on Nasdaq reports block of 42,400 shares
trade price is 455-1/16
the price migrated down from 455 to 450
until the 5:04pm mark
then poof, a huge block at 455

I think the MM's are covering their exposed arses on Dec short call positions
and not without a bit of a bath
/ Jim



To: Jim Willie CB who wrote (54864)12/17/1999 7:44:00 PM
From: SKIP PAUL  Respond to of 152472
 
JW,

I think they were long this time around. They decided it was easier to make money on the long side<g>

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