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To: dave brown who wrote (17992)	5/19/1998 9:02:00 AM
From: Pugs	Respond to of 27968

an audited 10K will incite buying, if the buys are limit orders MM's may be anxious to fill them (supposing investors are attempting to buy cheap), this way , keeping the price down even with buys so they can cover if need be. Market orders can be exploited, the MM's can keep raising the ask to catch investors in large Market Orders at high prices, only to begin shorting it again to cover back at where they started. This still leaves the MM's with a short position , but they were able to rape and pillage investors caught in Market Orders. If the fundamentals become a force to be reckoned with, the MM's must resort to more games on behalf of their short positions, usually meaning their accomplices spreading misinformation about the fundamental, 'X' amount of shares were released in the float, some insider shares are being cashed in, etc,etc...the usual dump & pump tactics. They need sellers to "cover", but not to bring the price down, they'll sell more naked, they , IMO, will take some Market orders, let it ride, like they did to $.70, then start shorting it again using smear campaign tactics on the internet. Pugs