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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Paul A who wrote (5455)12/23/2000 4:49:14 PM
From: Sharck  Respond to of 37746
 
Hey PAUL, re SLIC, guess you weren't using your lucky coin that day HUH?. RE: JDSU, yes it is my belief that there was manipulation of the markets on Friday. JDSU was the number one volume leader on NASDAQ with 64 million shares trading hands, nearly twice the daily average (further evidence of manipulation) finance.yahoo.com SDLI also had twice daily volume finance.yahoo.com but still far less shares traded and still at a 10 dollar discount, presumably factoring in the possibility the deal falls through, (it won't). I don't believe the hedge funds will try this again, and doubt position traders could move the stock even if they do feel they have had enough. I will buy SDLI on the next rally. Hope this helps.
S