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To: jjkirk who wrote (4220)8/25/2000 7:04:23 PM
From: Boplicity  Read Replies (2) | Respond to of 13572
 
here is their web site... nasdadr.com

Any lawyers out their? What's the best recourse I want sue the lot of them, from the press, the mm's, the naz, to my broker. All of them should give me money. I'm serious about this!

Greg



To: jjkirk who wrote (4220)8/26/2000 3:45:57 AM
From: jjkirk  Respond to of 13572
 
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.

Just talkin' to myself this morning again...

I don't understand all she said, but Mamabear seems to provide a logical explanation for the re-open at such a high price...

Message 14278929

To: Surfer who wrote (562)
From: Mama Bear
Saturday, Aug 26, 2000 1:57 AM ET
Reply # of 581

Surfer, the halt was probably requested by the company, and is appropriate when disseminating significant material news. It is done to give everyone an
equal chance to make an informed trading decision. It was one reason why the original story was so suspect, because the stock should have been halted
for that news. The gap up was caused because many sold short assuming the fraudulent PR was true and had to cover their trade. After the fraud was
exposed there were no natural sellers, so the price had to rise to entice them. The only reason that EMLX was selling at 45 was because it would have
been devastating news had it been true. It could not have opened where it did if that was not the level where buyers and sellers met. The MM's do not
control the price on an NMS stock since the advent of ECN's and the Manning rules.

Regards,

Barb


jj@coolinmyjetsinthemidwatch.cry