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Technology Stocks : Dell Technologies Inc.

DELL 132.08

-0.8%

Dec 1 3:59 PM EST

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To: Andy Turk who wrote (42462)	5/16/1998 1:09:00 AM
From: Gary Wisdom	Read Replies (2) of 176387

Re: <<On the power of the MMs...>> One more thing to add to this discussion. The market makers do not have this power unless the institutions "play along". So, I ask you: if the big money guys start to see the market makers push Dell to $90 (pin price at maximum options screwing), why would they start buying the stock until it got down to $90? That would be stupid. And these big money guys are not stupid (they just don't know how to beat the S&P <ggg>) Today was like the day after Christmas. Big money players knew they could buy all the shares of Dell today at $90 that they wanted, all the Intel at $80, all the AOL at $85 and so on. Stocks get pinned because the big money players are more patient than we are and know the games better than most retail investors.

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