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To: GS_Wall Street who wrote (11641)4/16/1998 7:46:00 PM
From: Mfcheal  Respond to of 213176
 
Thanks Greg,

Interesting info. Seems strangely like January all over again. Near term institutional accumulation as opposed to a short term spike. Perhaps Phil Lee has ideas.

Micheal



To: GS_Wall Street who wrote (11641)4/16/1998 8:52:00 PM
From: Sam Scrutchins  Respond to of 213176
 
It acted like typical stocks that Gap up except the selling was more controled to the downside, unlike day traders selling. ML was a buyer all day long.

Greg,

Great infomation and just what I was looking for. It suggests to me that the stock may move up well in the next two months. It is probably time to take options positions that are further out, say to July or Oct.

Sam


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