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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: RFH who wrote (13065)10/6/2000 8:25:11 AM
From: LemonHead  Respond to of 18928
 
Hi Robert,

I just read in the paper that the CEO of WCOM was forced to sell 3 million shares to cover a margin call. Current market value of about 78 million. Doesn't say if the call was to cover WCOM or some other equity. Says he hasn't reported any purchases of WCOM stock since 1997.

Keith



To: RFH who wrote (13065)10/6/2000 10:45:56 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
HI RFH, SI seems a bit pokey this AM. My range for WCOM is currently $24-5/8 to $36-3/8, but I'm trading nearly 10% increments at this point.

It looks like we're buying right here. There's quite a bit of "stuff" going on in the background with talk of mergers, spin-offs, etc. Makes life interesting, doesn't it?
:-)

Best regards, Tom