Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Zapata (ZAP) -- Ignore unavailable to you. Want to Upgrade?

To: DanZ who wrote (239)	7/17/1998 10:26:00 PM
From: Phil(bullrider)	Respond to of 1206

Dan, By the tone of your previous message, you are obviously unaware that a specialist has at her/his disposal personal accounts where she/he can trade equities without divulging that the trades are to a personal account. In other words, in an attempt to maintain an orderly market, the specialist has inside information as to the buy/sell orders, and has every opportunity to manipulate, especially since they are allowed to maintain a separate account, to trade as they see fit. I refrain from calling it bid/ask since that is NASDAQ lingo, and NASDAQ traders are called Market Makers. If one should wonder who has made the most money in the current bull market, all one has to do is review the reports by the various Wall Street "insiders".<EOM> Phil