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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Nov 26 9:30 AM EST

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To: joe who wrote (19347)7/18/1998 2:24:00 PM
From: Steve Porter  Read Replies (1) of 45548
 
Joe,

I have to disagree with you. See my message to victor..

MM's also control price by selling very small numbers of shares. Like I explained a 100 share trade moves the ticker just as much as a 100,000 block trade does. With 10,000 shares (selling in block of 100-1,000) on the way down and the executing a block buy for 10,000 at the new low price, let it run up a bit, and then sell them back in.. repeat...

Steve

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