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To: OtherChap who wrote (28813)	12/3/1998 4:40:00 PM
From: OtherChap	Read Replies (1) \| Respond to of 164684

Retail internut daytraders are ever stupider than anyone had imagined: Thursday December 3, 3:24 pm Eastern Time Temco shares double, then fall, in case of "mistaken identity" NEW YORK, Dec 3 (Reuters) - Shares of building maintenance and security company Temco Service Industries (OTC BB:TMCO - news) momentarily doubled on Thursday only to reverse course in a flash in a move traders said seemed to be a case of mistaken identity. The sudden spike carried Temco shares as high as $65 from a closing price on Wednesday of $28.75. The move came on the same day that shares of Ticketmaster Online CitySearch (Nasdaq:TMCS - news), a well-known Internet company, debuted on Nasdaq after its initial public offering. Traders, who asked not to be identified, said they believed people bought Temco shares believing they were Ticketmaster stock. The Nasdaq symbol for Ticketmaster Online, ''TMCS,'' is very close to Temco's Bulletin Board symbol, ''TMCO.'' ''We saw some unusual activity. There's a high probability people were buying the wrong stock,'' said one Nasdaq trader. Temco did not return calls for comment. Another trader said the sudden move was a particular surprise given the infrequent trading typically seen in Temco shares and the lack of a ready explanation for the sudden interest. ''Everyone in the country wanted to buy the stock at the same time for a couple of hours and there wasn't any news from the company,'' the second trader said. Ticketmaster shares were trading at levels fluctuating around $50 a share in mid-afternoon, up from an IPO price of $14. Temco shares had returned to a price of $28 a share by late afternoon.