Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: DJ Byrne who wrote (9065)	11/3/1998 6:45:00 PM
From: silicon warrior	Read Replies (1) of 12468

the uptick rule does not apply to market making activities; it's impossible to prove--to or by the SEC that a MM is illegally shorting---wanna go out and prove up a shorters "conspiracy" in a stock that's up 165% in a coupla weeks?? Trust me, it aint possible, and there is no--repeat no--evidence of any unlawful activity. Shorts are permitted to beat up an a stock and get blown out--eg, when an LU deal comes along--just as longs are permitted to jump on a stock and do well when LU comes along. that's life in an active market; see Steve's [ost over at yahoo, BTW.

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