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To: JLS who wrote (29516)7/13/2000 10:47:16 AM
From: KevinThompson  Respond to of 57584
 
Julie,

The thing that bothers me is how MM's were able to keep the price up, even though it was trending down short term. It is not too much of a stretch to believe they were well aware of the impending warn. As I pointed out in my post to Mark, the trial lawyers were all over OMKT. I attributed their price waning to just that - Turns out it was something bigger. But the shameful part is that I believe the institutions already knew this and used the recent bad PR as a disguise for the real bad news, thereby able to keep the price up in order to get out before us unprivileged regular guys. Glad I was out.

In this case, as is usually the case, T/A does its job and does it well. Even though we didn't know all the facts, the charts told the story. And that, in this case, is the end of the story.

Best Regards,
KT