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Technology Stocks : Manugistics, Inc. (MANU) -- Ignore unavailable to you. Want to Upgrade?


To: bob zagorin who wrote (1190)1/27/1999 1:27:00 PM
From: Noor  Read Replies (2) | Respond to of 1670
 
Well it may be short seller, He may have shorted 500,000 or so shares of MANU and buy options just to cover his back in case of buy out or sudden jump in price.



To: bob zagorin who wrote (1190)1/27/1999 1:30:00 PM
From: Mark Peterson CPA  Respond to of 1670
 
I could be wrong for any number of reasons, but after announcing the restructuring, MANU would be better served by officers attending to the restructuring, not a buy-out.

By the way, whoever bought the 500 lot, if there is a deal, is going to be under alot of scrutiny from the SEC. That kind of volume just doesn't trade in MANU and if somebody knows something, they're not sharing it and are way in advance of any announcement.

Alternatively, maybe there is a deal, and the new buyer wanted the current owner to give the employees being laid off the axe instead of the new owner.

Really don't know what to think, but I am inclined to believe there would be significant volume in the other expirations if a buyout were to occur. I don't see that at this time. The next few days will tell.

Thank you for your post.

Mark A. Peterson