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Technology Stocks : Taiwan Semiconductor (NYSE: TSM)
TSM 331.74+1.8%1:19 PM EST

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To: kas1 who wrote (514)6/3/1999 3:13:00 PM
From: Sun Tzu  Read Replies (1) of 684
 
>> if the mkt is efficient, we should see short-covering exactly cancel out adr-dumping.

If the market was really efficient, we'd never see stock market crashes, super bull runs or bear markets like the 70s. Fortunately, the market is efficient, but only to a point. BTW, does anyone know when the ADR dumping season opens again? They did put a limit for how many ADRs can be dumped in a quarter, but did not hear *when* that quarter was to begin.

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