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To: Patricia Trinchero who wrote (4529)6/29/1998 11:11:00 AM
From: TraderGreg  Read Replies (2) | Respond to of 4783
 
But to be balanced, he also said there was no large short position as well. And trading today(thus far) clearly supports that belief.

TG



To: Patricia Trinchero who wrote (4529)6/29/1998 11:17:00 AM
From: Timothy K. Myers  Respond to of 4783
 
Yes, so it would seem. But I'm still at a loss as to why the price is not moving. If there was a short position I really don't think they would have waited till this late hour to cover. News upon news has come out with no price movement. We were at higher prices when all this stuff was rumor. The other thing that worries me is this is the first time that just about all the rumors that you hear has come to appear to be true, and no price movement. Still long and happy with the news but still waiting price movement