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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: M. Frank Greiffenstein who wrote (20856)4/14/2000 8:17:00 AM
From: MIKE REDDERT  Respond to of 29970
 
Sorry folks... no, I'm not implying that MM's are absorbing all of this selling. They are only working buy orders that are booked at and below the bid and providing some order to the decline... they provide that order because it is their job, and they know they have buyers at various levels in this area. Nonetheless, panic sellers are selling into hands that want to own this and have been waiting for this occurrence... certainly, if sellers give it away, there will be buyers that oblige them.

Mike