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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (18426)	9/14/2000 3:43:37 PM
From: Lucretius	Read Replies (2) \| Respond to of 436258

don't... all clowns get destroyed... never forget that...

To: AllansAlias who wrote (18426)	9/14/2000 3:51:54 PM
From: LLCF	Respond to of 436258

<Please, tell me not to cover! > Don't cover... here is the new way of block desk trading: Client [fund] calls up investment banker and says, "I want 20million worth of INTC, ALTR, and TXN... and I want to pay the average weighted price on the day". So the houses that have buy orders have to hold it up here... if they block down at days end the client gets lower guaranteed price... hold it up and he's higher. Great business eh??? Investment banking is SO profitable, block desks regularily lose money to keep 'relationships' alive. DAK