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To: Dnorman who wrote (7224)	8/13/1998 9:52:00 PM
From: Zeev Hed	Respond to of 14347

Dnorman, I got into TTRIF when the volume exploded to 6 MM shares last week at 7/16, assuming this was the end of the floorless. In any event their draw down has to be closed during this month, so I presume TTRIF no longer has a floorless and the "end game" has started. It bounced to almost my selling price (7/8) but has retreated since to 9/16. I would not buy TTRIF for other reasons and myself am looking at an exit strategy. Zeev PS, so far I have still to find a stock associated with a floorless that was not decimated. HEC has announced a buy back of shares which in my humble opinion is designed to let the floorless bandits do their nasty shorting while the company is buying the shares they are shorting.