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

To: Surfer who wrote (557)	8/26/2000 12:14:34 AM
From: Ron Kline	Read Replies (2) \| Respond to of 788

You have to remember that the MM's don't always have it that easy either. It may seem that they will always profit on something like today, but they also take big risks just as we do. They need to make an orderly market and sometimes that can mean having to take on more risk to make this happen. For example if the news was real (which they also don't really know) then they have to react to the situation just as we do. If they guess right then they make a killing, but they can also guess wrong. Anyway I think people should put things in perspective.

To: Surfer who wrote (557)	8/26/2000 12:27:29 AM
From: Douglas Nordgren	Read Replies (2) \| Respond to of 788

Wish we could find out who the Market Makers are for EMLX. Surfer, The major (by volume) MMs are listed for EMLX. You can also search by MM for the issues they make a market for: nasdaqtrader.com Douglas

To: Surfer who wrote (557)	8/26/2000 1:16:32 AM
From: Street Hawk	Read Replies (4) \| Respond to of 788

These are stocks, not T-bills. You guys have so much faith in equities thinking that they're supposed to always go up. It takes an EMLX hoax to smack so-called investors on the side of their heads to realize that stocks are risky assets. "CNBC is always good at educating investors. Wish, they invite the Market Makers for EMLX and ask them to explain the gap." CNBC is good at educating investors? Bwahahahahhaahaa. Corporate Loudmouth Infomercial Television(CLIT) proudly brought you repeated DSLN hype sprinkled with buyout BS. How about bringing in the execs at momo flavors of the day such as CALY and ASTM so they could pump it? And do we still remember that so-called wireless stock, ADSP? And I don't even want to get started on pump & dump ringleader Joe Kernan, because I would probably get suspended with the words I would use. As for the gap up, you have an imbalance of idiotic market buy orders for those who thought they could get in cheap at the re-open failing to realize they were buying the MM top. Put in limits or face the consequences of bad market fills. And while I'm ranting, for those who feel like all those trades before the halt should be canceled, dream on. Its not going to happen, hardly anyone knew what was going on, thus the severe drop, it was voluntary trading, no one put a gun to your head and forced you to use a stop or panic sell your EMLX position. Your fault. All part of the risks and rewards in trading. And by the way, the trades on the day of the PAIR hoax were not canceled. ASTM pre-market trades weren't canceled after that hoax. I don't remember any trades being canceled due to a hoax in recent history. I guess the ASTM and PAIR hoaxes weren't as bad since the stock went up as a result instead of going down, right? What a joke. Sorry to flame like this but some of these thread messages are a complete farce.

To: Surfer who wrote (557)	8/26/2000 10:58:16 AM
From: HoyaBob	Respond to of 788

MM's: For what it's worth, I actually had the privilege of talking to an MM during a tour of the CBOE several months ago. He told me that all things considered, the current state of technology means that MM's and floor traders have maybe a 7-8 minute lead on the general market -- and that assumes that they hear any news or rumors over the din of the floor or other environmental buzz. Makes you wonder when the MM's take a potty break.