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To: Dennis W who wrote (3618)12/12/1997 11:43:00 PM
From: Thomas Palakeel  Respond to of 6570
 
What is the possibility that we might all be in big trouble?
All the things Bob Utne lists sound good, but how long will
this waiting game continue? Can anyone imagine the scene
by early February? What would be our January effect?

Also, please add another 500 shares to the proxy.

Thomas



To: Dennis W who wrote (3618)12/13/1997 4:26:00 AM
From: Scott Lerner  Read Replies (1) | Respond to of 6570
 
I believe that the 64300 block was an institution dumping. It happened on a downtick. I also believe that the buyer was a short covering. The buyer was bidding for 60000 at 6 1/2 at the time of the trade. Some institution saw that liquidity and decided to "move their block" all in one piece. The short probably never imagined that their scare tactics would be so effective at creating sellers down here!

We need some help from ZE.


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