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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: robwin who wrote (12871)	3/15/2001 12:28:14 AM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

The last trade on the post market was at 7:37 and it was around $35.5, so I doubt that the story is that simple, and I would assume that the decline from yesterday's close (post market) at $38 to todays sub $34 low was due to this runor or fact. Of course, as a lawyer, you should know that the outcome of a legal battle of this magnitude is not foreseeable. You take your bets on the information you know (which is never sufficient), and take your lumps when you are wrong. If RMBS wins, I still maintain that its fair value in a good Naz market (later this year and early next) should be in the $150/$165/share. Zeev