Emulex, What Prospects? Message Board

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Technology Stocks : Emulex, What Prospects?

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To: Boplicity who wrote (539)	8/26/2000 12:01:11 AM
From: Surfer	Read Replies (5) of 788

Greg, It's amazing to see MM action on this. Halted at $45. Then, open it above $100 or so. CNBC is always good at educating investors. Wish, they invite the Market Makers for EMLX and ask them to explain the gap. What was their inventory before the news, after the drop, etc. NASDAQ should have allowed the stock to continue to trade without halt. That would have given everyone fair chance to trade short-covering, buy back, sell, etc. when the company denied it. What's the point in stopping it late and allowing it to open with huge gap. Wish, we can find out who the Market Makers are for EMLX and also what other stocks they are making the market. So that we can be careful with those stocks in the future. May be avoid those stocks completely. There are so many other stocks to invest. Why take such a risk with MMs. One more lesson learned today. How about sending e-mail to CNBC and request to interview EMLX MMs? Thanks.

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