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Technology Stocks : Emulex, What Prospects? -- Ignore unavailable to you. Want to Upgrade?


To: Jock Hutchinson who wrote (517)8/25/2000 5:02:13 PM
From: jjkirk  Read Replies (1) | Respond to of 788
 
Most of the trades made during the fraud period will be cancelled

Jock...this is comforting, coming from a Chicago lawyer! Do you really think so?

I did not sell, but I put in mkt orders which were filled at the re-open @ 127...this little fraud by the market makers just added insult to injury. I have formally requested Schwab to reverse the trades...now practicing for my flying leap that I will be invited to take...<gg>

jj@justanotherdayininternutsville



To: Jock Hutchinson who wrote (517)8/25/2000 5:16:09 PM
From: Sundar Rajan  Read Replies (1) | Respond to of 788
 
CNBC just said all trades are final..I agree that QLGC sellers were the real losers. On the other hand stocks like RFMD also came down because of EMLX and I was able to buy some



To: Jock Hutchinson who wrote (517)8/25/2000 5:28:27 PM
From: Sabrejet  Read Replies (1) | Respond to of 788
 
Hypothetical: A guy shorts this @80 then watches it take off. He goes into today on a margin call and HAS to act today. He lucks out and covers @70.

Now someone calls him and says"...oh, by the way, we're canceling your BTC and you are now past due on the margin call. You know a good lawyer?..."

Very few made out today. "The real losers may be the people who took sympathetic losses in Qlogic"???? Jock, there are people here who bought @90, sold @60 and the bought back in @120 only to finish @105. I have no sympathy for QLGC, but prayers for those who were innocently trashed without knowing what had just happened.

Sabre!