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lmorovan

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lmorovan

Re: preen2222 post# 1257

Monday, 06/23/2003 2:44:57 PM

Monday, June 23, 2003 2:44:57 PM

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preen2222,

If your premise that the MMs are short is right, they have no reason or motivation to cover now. They can do it at their leasure after June 27, when the O/S will be reduced by 480 million. At that time they will have all incentives to raise the price and trade those shares that do not qualify for the exchange.
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