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Technology Stocks : IDT *(idtc) following this new issue?*
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To: KM who wrote (12706)8/4/1999 9:02:00 PM
From: orkrious  Read Replies (1) of 30916
 
KM, I don't think so. For the last two days MLCO has been sitting all alone at the bid most of the time, and there were thousands upon thousand of shares crossing my T&S at the bid. It is possible another market maker was buying them, not Merrill, but Merrill singlehandedly kept the bid up.

Clearly, one of the marketmakers, probably Merrill, was buying a sh*tpot full, either for themselves or a client.

Jay
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