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To: frank/fla. who wrote (14284)8/18/1998 5:24:00 PM
From: DavidG  Read Replies (1) | Respond to of 25814
 
Frank,

I certainly agree with your point about Wilf, but it is also Wilf's inability to sell this stock to the investment community that allows for this stock to get weak and permit the specialists to play with it during options expiration. After all it was only down 5/8ths but had a 1 5/8 swing which could give somebody a lot of profit on the calls and then on the way down a profit on the PUTS.

They buy LSI heavy in the morning and sell it back in the afternoon while collecting their profit on the CBOE.:-)

DavidG



To: frank/fla. who wrote (14284)8/18/1998 7:50:00 PM
From: frank/fla.  Read Replies (1) | Respond to of 25814
 
David your scenerio would be way to risky and very, very improbable...the selling began in the afternoon into strength (19 7/8) and was coming from one house which means either a large seller or the house has downgraded, either way they have given up on mgt....considering this stock is at a 3.5 year low the sellers today where most likely big losers....above all the market hates uncertainty and due to mgt. silence there is alot of that!



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