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 : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (13387)	4/16/2000 7:49:00 AM
From: Christiaan McDonald	Read Replies (1) \| Respond to of 21142

Sam, there was a report in some paper I read, I don't recall which it was (I read a lot) but it said specialist's were already shorting more than 50% before last week and that last week their shorting increased. Seems, at least if you believe that article, that you are right. There is so much money being made right now pushing this market around, either up or down, that it worries me a lot more than any individual stocks I own. One of these days all this money being made so easy is going to come to a rude halt. Ken

To: Sam who wrote (13387)	4/16/2000 11:47:00 AM
From: ed doell	Read Replies (1) \| Respond to of 21142

Sam I agree with your points, especially the points made about the specialists and market makers. I sincerely wish that the Rico statutes could be applied here. IMHO this has been the equivalent of a mob hit on the American stock market. Nelson Bunker Hunt tried something similar with a far smaller market a few years back. There are other instances of such, especially in the Canadian markets. What has made me particularly suspicious of this "market event" are the high premiums which significantly out of the money options have continued to hold. Regards, Ed