Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (9212)	2/10/2000 11:55:00 PM
From: jhg_in_kc	Read Replies (1) \| Respond to of 17183

scam..absolutely this is the 20th or so time ihave seen this. we have reported it to EMC IR. they keep doing this dipsy doodle. maybe someday we will find out who is doing this and why it keeps happening.

To: TigerPaw who wrote (9212)	2/11/2000 8:31:00 AM
From: GVTucker	Respond to of 17183

TP, RE: Perhaps the quote services are getting wise to that 100 share at a strange price phenomina that has been hitting EMC lately. I still don't understand it but I think someone found a way to scam some bucks by manipulating the closing price. My guess is that a small brokerage firm got a little too aggressive in screwing one of its customers. Ordinarily, as long as a third market cross occurs within the day's range, it doesn't set off any alarm bells at the regulators. The low of the day for EMC was 113 3/4, however, so when that stock crossed at 113, it set off a couple of alarms. The firm that crossed the trade (i.e. screwed its customer) was called, and, in its most innocent voice, said, "Oh, that cross must be a mistake. Thanks so much for bringing it to our attention." The trade at 113 is cancelled, as it now shows on the tape, and the customer is notified that he is getting a better fill now. The customer thinks that his firm is great at getting him a fill, when in reality the firm is full of scumbags.