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To: Jim McMannis who wrote (71445)1/14/1999 6:57:00 PM
From: Ibexx  Read Replies (1) | Respond to of 186894
 
Jim,

Instinet is not a good proxy for the real market next morning.

Regardless of what may happen, I am protected by a spread strategy--including massive call writing.

Ibexx

PS: Great BUY opportunity for those with guts and money.



To: Jim McMannis who wrote (71445)1/15/1999 7:26:00 AM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
Perhaps all of you California folk were anticipating these flat RMBS quarters, but the boys on Wall St certainly weren't. I wouldn't be surprised to see a couple of downgrades this morning, and a sharply lower stock--although with what appears to be another Brazilian devaluation, it will be hard to tell what the cause is.


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