SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vodafone-Airtouch (NYSE: VOD) -- Ignore unavailable to you. Want to Upgrade?


To: Ibexx who wrote (1293)10/11/1998 1:23:00 AM
From: David Wiggins  Read Replies (2) | Respond to of 3175
 
Ibexx, Tiger Management (4th largest ATI shareholder with 12M shares - post 1274) with this news...

Tiger fund losses nearly $2 bln in a day - WSJ
NEW YORK, Oct 9 (Reuters) - Hedge fund Tiger Management suffered a loss of almost $2 billion on Wednesday, the Wall Street Journal reported Friday.
This was one of its biggest one-day losses ever, due primarily to the surge in the Japanese yen against the U.S. dollar, sources told the Journal.

Tiger's equity holdings also lost ground, the report said.

Tiger started the month with about $20 billion under management, the report said.