Word: torrenzano
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Where the bogus tale originated was unclear. At the New York Stock Exchange, officials tried to pinpoint exactly when Pennzoil's shares started on their unearthly ascent. Said N.Y.S.E. Vice President Richard Torrenzano: "We noticed greater activity both in terms of price and volume by late morning on Tuesday." In Houston, Liedtke first learned of the stock spurt when he received a call in his office atop Pennzoil Place. Said he: "I could only guess that there had been some kind of leak by Texaco about the offer they were going to make." Liedtke later sent a cable...
...York Stock Exchange, "All of thesystems throughout the exchange have functionedextremely well throughout the day," chiefspokesperson Richard Torrenzano said. "There hasbeen no delay of any kind...
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