e.Digital Corporation(EDIG) - Embedded Digital Technology Message Board

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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

EDIG 0.0001000

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Mar 20 5:00 PM EST

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To: J.N.N. who wrote (11317)	2/27/2000 10:26:00 PM
From: Jon Tara	of 18366

You never explained how StockPoint "reflects the first 60,000 shares as buys". I see nothing of the kind on the page that you pointed to. All I see is a conventional price and volume chart. Even if StockPoint - or anybody else - could determine if particular orders were buys or sells by the MM (they can't) the answer to your question is simple: "if the MMs don't carry inventory, where did the shares come from" They shorted them. MMs don't have the capital to carry large inventories of stock over-night. And, if they did so, they would be speculating, not making a market.

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