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To: Mehdi Hassanipour who wrote (2819)10/8/1999 9:52:00 AM
From: Trader Dave  Read Replies (3) | Respond to of 3818
 
Then you must been away quite a bit last year.

Let's see stock declines in 1999 from an 80 forward pe to a 70 forward pe. in 1998 stock has several declines from 30x forward to as low as 20x forward.

market maker manipulation, good grief!

this may or may not be an opportunity, but it is most certainly a decline from MUCH higher valuations.

Can we please skip the retail investor conspiracy theories about market maker manipulation?



To: Mehdi Hassanipour who wrote (2819)10/8/1999 6:30:00 PM
From: Farfel  Read Replies (1) | Respond to of 3818
 
Medhi, I agree---sure looks like manipulation to me; and I don't buy that nonsense that its all on the "up and up"---they probably even have their "pr" guys in rooms like this to try to pooh pooh the idea----why because it is so obvious.

Even Cramer from "thestreet.com" tells how certain hedge fund managers can move markets when they have made bad bets in the options markets---if they can move markets so can guys as big as these. Why are not the same "quiet periods" imposed upon analysts prior to earnings as are imposed on the companies----is it just for this purpose---to manipulate the markets?

What do you think Medhi???