Emulex, What Prospects? Message Board

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Technology Stocks : Emulex, What Prospects?

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To: Surfer who wrote (562)	8/26/2000 11:25:30 AM
From: Ron Kline	Read Replies (1) of 788

Barb states it correctly and there are many times when this can happen due to the change in market demand. For example let's say EMLX had a buyout offer for $150 dollars. The MM's will see where the buyers and sellers are equal and open it at a price where there are the most buyers and sellers, let's say $100. Nobody should be able to buy it low because it would be easy money. If I thought EMLX would have opened at the low I would put in for thousands of shares, why not, it's easy money right. Market just doesn't make it that easy and that's why most people lose on this kind of situation, at least for the day. I'm not saying MM's don't use tricks to profit, but I just don't think how they handled the stock of EMLX was anything different than how the market normally works. Ron

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