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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: Bob Frasca who wrote (8674)1/11/2000 10:08:00 AM
From: GVTucker  Read Replies (1) of 17183
 
Bob, RE: I'm pretty sure that EMC is powerless over how the specialist prices their stock so complaining about it to investor relations is kind of silly.

EMC is indeed powerless over how the specialist prices their stock, but they can certainly demand from the NYSE that they get a new specialist who is better qualified to handle the volatile trading of their stock.

The fact is, it's only an issue if you're placing a buy or a sell order; otherwise, the day to day fluctuations don't matter unless you're walking a very thin line on margin. A

I disagree. Liquidity is one of the parameters that a large institution considers when buying a block of stock. EMC has poor liquidity; this could influence a purchaser to take a smaller position than they otherwise would consider. This poor liquidity hurts the long run value of the stock.

Given my current status in the stock, I probably don't need to say anything; still, I think that this is an important issue.
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