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To: Sly_ who wrote (8512)9/17/1999 8:50:00 PM
From: Spytrdr  Read Replies (1) | Respond to of 13953
 
if EGRP keeps dropping, soon even Go2Net will have a larger market cap.
EGRP is the cheapest internet stock in the whole universe, but it doesn't rise because some weird analyst is applying a LehmanBrothers-type valuation to it.



To: Sly_ who wrote (8512)9/17/1999 10:16:00 PM
From: Scott Violette  Respond to of 13953
 
It is not really manipulation. The MM are unwinding their positions that they hedge against anyone buying options. It is kind of self fulfilling. The MM are usually market neutral. In a vacuum of a trading range, the option expiry effect is pretty common.


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