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To: Peter who wrote (2587)12/23/1997 9:34:00 AM
From: Timoteo  Read Replies (4) | Respond to of 2740
 
Peter-or they might need the loss if they bought above 15. Not enough volume to panic me (yet). There was also some buying strength which minimized the loss. Its done this a few times before. Its a proposition which has some risk no doubt. If you are losing sleep on this one consider buying some put options to hedge against the deal falling through.

Best Wishes,

Timoteo