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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (51386)	2/5/2000 1:22:00 AM
From: peter michaelson	Respond to of 122087

I am depressed with disappointment after noting that the McCaw/Iridium announcement came out after the market close. Must have been active to the upside on anticipation. MCCaw is offering $600 million total, to a company having over $3 billion in debt. Over on Yahoo, the longs are noting that they probably will not be receiving anything. Therefore, they are bickering with the shorts and eulogizing with resentment. Such a lovely way to pass these few remaining years we have. Barb, scream and yell at me next time you find one of these shorts. Unbelievable! peter

To: peter michaelson who wrote (51386)	2/5/2000 5:43:00 PM
From: Mama Bear	Respond to of 122087

peter, I think perhaps the news was released after the bell. It would seem peculiar to me that the stock would rise if these details were known, although one can't be surprised by anything on the pink sheets. There may have been enough of a leak of a McCaw offer to cause folks to buy on spec. What a slap in the face if that's the case. Regards, Barb Edit: I see you arrived at the same conclusion in your next post. Perhaps there will be enough uncertainty at the open to allow you an entry, if you're so inclined. I have a hard time imagining any bidders stepping in, but it is the pink sheets. -B