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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Richard Mazzarella who wrote (4288)6/29/1999 1:26:00 PM
From: Alan Vennix  Read Replies (1) of 5143
 
Richard,

You hit the nail on the head about this mornings activity. There have actually been more shares bought than sold (plus the MM cross activity), but the MM's and their stooges are trying to make this look like a selloff by keeping the prices down in an attempt to panic some of the less knowledgable investors into selling. They may collect a few shares but I don't expect it will be even enough to pay their stooges much less retain any profits.

Hope they continue to short - their ride is almost at an end. Would be a shame to see them have to cover - I'm already crying for them<VBG>

Alan
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