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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (27054)	4/13/1999 12:21:00 PM
From: kathyh	Read Replies (1) \| Respond to of 90042

Tim, can you please post a summary of the block trades on FORE??? Thanks!! Kathy :))

To: Tim Luke who wrote (27054)	4/13/1999 12:24:00 PM
From: JeffA	Read Replies (1) \| Respond to of 90042

So are you thinking top dollar is still in the 30s? I still have that limit back in at 28.5. I'd be happy either way!!!

To: Tim Luke who wrote (27054)	4/13/1999 12:32:00 PM
From: MARK C.	Read Replies (2) \| Respond to of 90042

People should pay attention and learn from what is happening today. FORE has been a hot stock recently and no secret they are a take out candidate. The market makers know this and the price starts climbing then pulls back a little and the market makers cover. Then it runs up again to print 24 and people get excited and buy because they believe the deal will happen soon. Because of this belief they buy on margin and many, myself included max out their margin ability. The Market makers know this also. They read the threads and know everyone is expecting something to happen soon and they know a lot of people are fully margined so when a day comes when a situation presents itself (like today when ERICY announces they are buying someone else and they were rumored to be a potential buyer of FORE) the market makers tank the stock hard and trap everyone who can't cover a margin call into selling. It happened on ASND, XYLN. JMHO, MarkC.