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Technology Stocks : Full Disclosure Trading

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To: Return to Sender who wrote (1333)7/21/2002 10:31:39 AM
From: BWAC  Read Replies (1) of 13403
 
DUK. The 23 (Yes 23) round trip trades were profitless and did not increase or otherwise effect earnings. DUK said they were made to set a market price per some required regulation at the time. You know, kinda like your favorite market maker selling to itself through Instinet to establish a price. Legal for broker pimps, but not for utilities?

DUK said the trades were less than 1% of transactions.
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