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To: Bruce Galpeer who wrote (7296)7/31/1998 11:44:00 AM
From: James Harold Alton  Respond to of 19331
 
Bruce, A 100K buy order could sure have explained part of the early
AM activity we had. I sure would like to see this type of block
buying on regular basis for a while. (G)

The 10K trades at the bid appear to have been sells in looking at the
TL to me as they were followed by a price drop as this TL snip shows:

10:01:37 8 500 2.750 10:01:14 8 1000 2.750 10:01:07 8 2.656 - 2.812 5x5 10:00:22 8 6900 2.813 10:00:07 8 1000 2.813 9:59:08 8 2000 2.813 9:58:18 8 2000 2.781 9:58:06 8 10000 2.750 9:57:48 8 6000 2.781 9:57:46 8 2.750 - 2.812 5x5 10:01:37 8 500 2.750 10:01:14 8 1000 2.750 10:01:07 8 2.656 - 2.812 5x5 10:00:22 8 6900 2.813 10:00:07 8 1000 2.813 9:59:08 8 2000 2.813 9:58:18 8 2000 2.781 9:58:06 8 10000 2.750 9:57:48 8 6000 2.781 9:57:46 8 2.750 - 2.812 5x5 10:22:20 8 8000 2.656 10:22:15 8 10000 2.656 10:21:55 8 5000 2.625 10:21:02 8 2.656 - 2.687 10:20:32 8 2.625 - 2.656



To: Bruce Galpeer who wrote (7296)8/1/1998 3:53:00 PM
From: Ken Salaets  Respond to of 19331
 
>> It looks as if one of our MM's(HRZG) had a retail order for around 100k or so this morning with a limit of 2.75.

Bruce, I think you nailed that one on the head! Got a private message from one of our regulars offering friendly advice re revealing inside information. I appreciate it, while at the same time feel honored to be in the same league as the venerable Groupo. gggg. Jus' kiddin' folks. Just let me say that bringing Edge into the fold was a "slam dunk" for Joe, i.e., akin to a Shaq Attack. But don't try to read anything more into that than is there. gggg.

K