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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (24136)8/13/1998 1:22:00 AM
From: Investor-ex!  Read Replies (2) | Respond to of 94695
 
James,

Wouldn't ML CREATE the warrants for the transaction (sales) fees and then hedge away their exposure? You know -- with some sort of derivative arrangement. :o)

Most of Asia deep in the red again tonight, globex showing the worst overnight numbers of the week. Still early though....



To: James F. Hopkins who wrote (24136)8/13/1998 1:23:00 AM
From: Bonnie Bear  Read Replies (1) | Respond to of 94695
 
thanks Jim. It ties into lower interest rates.
The spinmeisters have 500 stocks to play with- there's undervalued stocks among the 500 they can blimp up to prop the index.