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Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

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To: Joseph Silent who wrote (2657)7/21/1999 1:51:00 PM
From: Sir Francis Drake  Read Replies (1) of 10027
 
Joseph, I just answered in my former post. Yes, MLCO was buying like crazy since this morning - they were at the bid constantly, often alone supporting the price through 100s of thousands of shares sold! Later they did hop on the ask, but it seemed to me more of a trading than selling, because the ask size would often be smaller than bid, and they'd have both inside bid and ask (which indicates simple trading to me).

For a more thorough conclusion, I'll have to wait till the end of the day, when I can print out my LII and T&S, and compute it all. That way, I'll be able to see if MLCO was a net buyer (I strongly believe this), and by how much.

Morgan
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