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Technology Stocks : Egghead Computer (EGGS)
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To: trouthead who wrote (3933)11/27/1998 3:50:00 PM
From: HairBall  Read Replies (2) of 8307
 
Junior: Gan you explain what sam is saying about a pre-open bid by dean witter for 41. Why would dean witter place such an order. Sounds odd, hope you can shed some light.

That would be to MANIPULATE the Market psychology before the open, pure and simple! I am sure the viewing of that bid impacted shorts and wannabe longs.

Ever wonder why that bid was not filled? Why didn't some seller get the benefit of that bid? Always remember that pre open limit bids can be canceled before the Market opens.

BWDIK
Regards,
LG
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