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To: waldo who wrote (4100)12/31/1998 1:32:00 PM
From: Sili Investor  Read Replies (1) | Respond to of 37507
 
>>> Window dressing by fund managers will end at the close of the market today. <<<

what exactly do you mean? I'm still a neophyte!



To: waldo who wrote (4100)12/31/1998 1:32:00 PM
From: mike machi  Respond to of 37507
 
THANKS FOR THE INFO WALDO



To: waldo who wrote (4100)12/31/1998 1:36:00 PM
From: Ruyi  Read Replies (1) | Respond to of 37507
 
" The 350,000 share cross was most likely a buy order from one fund and a sale by another, which means a cash infusion into BII's treasury." How would BII get a cash hit from two third party trades ? Could the option holders be selling short in this range as they have a set option price in JAN. at very low levels with which to cover ?



To: waldo who wrote (4100)12/31/1998 1:51:00 PM
From: Sili Investor  Read Replies (2) | Respond to of 37507
 
>>> These funds have warrants that come due in early January<<<

I though the warrants did not have to be converted until Dec. 31, 1999 or within 10 days of a public offering within the U.S.?



To: waldo who wrote (4100)12/31/1998 2:09:00 PM
From: AL  Respond to of 37507
 
"4) The 350,000 share cross was most likely a buy order from one fund and a sale by another, which means a cash infusion into BII's treasury."

Waldo, how is this a cash infusion into BII?

Al