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To: Susan Saline who wrote (17249)11/13/1998 4:15:00 PM
From: tom pope  Read Replies (2) | Respond to of 53068
 
Here's a strange one -

Tried to close my ONSL at 21 5/8 just before the close and assumed it wasn't done when I didn't see it scroll thru. Then checking the order entry screen, I find I was filled at 16:01. On time and sales I can only find a couple of "Irg trade" for 1k shares at 16:01. I'd always thought that an "Irg trade" was an out of sequence trade, but apparently not. Any body have the answer?

Looks like an MM wanted those shares. Stock did come back pretty strong in last 10 minutes of trading.

Still holding 700.

All in all, a dull, unprofitable day.



To: Susan Saline who wrote (17249)11/13/1998 11:20:00 PM
From: Larry S.  Respond to of 53068
 
Chat CBS: CBS will soon do an IPO of 20% of its interest in INF (INfinity Broadcasting). As the following article states, the implied value of the remaining shares of INF will be approx equal to the entire present market value of CBS. hmmm. nypost.com Do your own DD. Larrry