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To: Tim McCormick who wrote (257)	3/9/2000 12:48:00 AM
From: WaveSeeker	Read Replies (2) \| Respond to of 811

I feel badly for us patzers, but if you ever see a ridiculous lowball offer or highball bid before the open, get the market maker's telephone number off of the Nasdaq Trader site, have your broker give them a call and ask how many shares they got/want? Then watch them run for cover ;-). And even though it is "expressly prohibited", when a market maker backs away from your SelectNet preference, you can call your broker or Nasdaq Regulation; the Naz has a complete tick-by-tick Level II history for those magic bids/offers that disappear without a print. WS

To: Tim McCormick who wrote (257)	3/9/2000 12:50:00 AM
From: ahhaha	Respond to of 811

That is a pile of bs and if the author or any of those people in that article would like to make those claims to me, I'm always available. Most of the comments are nothing but big talk which will end up creating problems for those involved. What I have stated in previous posts you can take as what is happening every day. I am a member and I know the machinery. If they operate as broker/dealers, they are constrained to trade within the rules. Any violation by any of those people will mean expulsion of that person and censure of Knight. Who enforces these rules are other brokers and members of the NASD. They have complete control over the internal procedures of any member firm. If you aren't a member, you aren't operating.