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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Sector Investor who wrote (17805)12/30/1999 8:55:00 AM
From: James Calladine  Read Replies (2) of 42804
 
SECTOR:

Relative to the 65 5/8 trade that somehow "became" the last
trade, when this sort of thing has happened (in AMD shares)
it seems to be part of a sequence:

-- take the closing price as high as possible
-- gap the stock down in the morning as much as possible
-- scare people into selling
-- soak up all the shares
-- take her up again

If I were a market maker wondering where my inventory was going to come from the next day, it might be something I
would consider. I might also short a few shares, here and there just to help the house account along a bit.

I never was much for "conspiracy theories", but maybe something like this is common practice. Is it?

Best wishes,
Jim
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