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Zeev Hed

07/10/03 11:39 AM

#128629 RE: conelda #128623

Yes, it could go as low as the $17 area. Just jumped in OVTI here at $37.26 and sold EXPE at $80.51 for another $.61 on the way to the quad bucker on this one...


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south louisiana

07/10/03 12:47 PM

#128674 RE: conelda #128623

Conelda - I do think they will avoid a bk filing, or at least that's the bet. Too much for everyone to loose. Not only regular bk losses, but banks are unsecured. Further, favorable trading positions may be escaped by counterparties if a filing is made. Big gamble, but I think MIR avoids bk fwiw.