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To: Brendan W who wrote (2195)	1/3/1998 6:37:00 PM
From: Zardoz	Read Replies (2) \| Respond to of 4969

NO! Specialist can do what they want to a large degree in a weak market. Someone could of came up to cover a short, or many other reasons, such as book bids. Why would you do what you said anyways? Why run it through the market? You should just transfer the shares. Or can't you Yanks do that?

To: Brendan W who wrote (2195)	1/5/1998 3:01:00 PM
From: steve goldman	Respond to of 4969

No, the specialists is not required to buy the stock at 106. He can make the market if he has a superior price but does not have to. He simply has to reflect your bid if he doesnt make the market. Becareful..I amnot 100% certain, nor is there any ruling, but it raises questions when you buy your own stock. Atleasthere you tried crossing it on the exchange vs. an inhouse cross...ie..retail 1 sells to retail 2in the same brokerage firm, nothing goes off in the open market. Regards, steve@yamner.com