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To: Step1 who wrote (29414)10/18/2000 11:57:01 AM
From: pater tenebrarum  Respond to of 436258
 
i think FN was a victim of arbs unwinding positions, tax loss selling and rumors of a resurrection of the merger on less favorable terms for FN.

in any case, a wave of panic selling in an institutional stalwart like FN is imo another sign that an important low is approaching...