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Technology Stocks : Gemstar Intl (GMST) -- Ignore unavailable to you. Want to Upgrade?

To: in_outdaily who wrote (1275)	12/30/1999 8:47:00 AM
From: Sunny	Respond to of 6516

"BTW: Don't believe anyone was on the 'selling' side of this trade. When this happens the marketmakers have to sell out of their personal holdings. (Not sure how they are forced to cover the imbalance; maybe someone with more market savy can address this issue.)" Let's think about this. If the MM have to cover from their holdings, why is to their benefit to force the price lower? How do you get a drop from 75 to 67 if no one is on the sell side? Maybe someone with more market savy can explain that. Sunny