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Technology Stocks : Dell Technologies Inc.
DELL 142.68-2.7%Nov 10 3:59 PM EST

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To: Voltaire who wrote (83572)12/3/1998 7:18:00 PM
From: BGR  Read Replies (1) of 176387
 
Voltaire,

This is the way I understand this, please correct me if I am wrong:

A mere $3 upward fluctuation (something which happens almost daily) on 15 million (as you had mentioned earlier) of DELL equity means a profit of $45 million for the MM. And if they let DELL go up by $10 or so, we are talking about 3 times the gain from transports. But they would rather wait to make $40 million off transports before letting DELL go up.

Unbelievable! No wonder MM's ROICs are nowhere near that of a company like DELL. In any case, so you do agree that market manipulation is not profitable, right?

-Apratim.
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