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To: Andre Daedone who wrote (3974)4/20/1998 7:02:00 AM
From: Matt Brown  Read Replies (1) | Respond to of 6654
 
On the MM's:

Obviously, I do not fully understand how these complex MM's work, but if they can supposedly "walk the price down", why can't they "walk the price up" ? It sounds like they got caught off guard like we did, and you all make it sound as if they can't get out. But if they can buy shares cheaper by simply lowering the ask, then why can't they raise the bid way up there to sell their inventory?

Any help would be appreciated.

Regards,

Fatt Matt