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To: Glenn D. Rudolph who wrote (73460)	8/12/1999 6:50:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

>Manipulated by whom?? The usual suspects- market makers, large institutional holders. Market makers have incredible power on the Nasdaq, really. Why do you think there hasn't been a single internut IPO on the NYSE? I personally know high level execs at two internut companies here in the valley who converse, and socialize with the market makers for their stocks. The whole situation is so incestuous I can't begin to describe it. Eventually, when the bottom falls out, this sort of thing will stop -when the fed steps in- but for now it is the norm.