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To: VERNIE THOMAS III who wrote (7544)7/22/1998 11:41:00 PM
From: Roger Bodine  Respond to of 43774
 
Who knows, only The Shadow knows.
Shadow says a dip in the morn. John clears the air and back to normal perhaps rising above today's numbers with renewed enthusiasm.
(IMHO)
The Shadow



To: VERNIE THOMAS III who wrote (7544)7/22/1998 11:41:00 PM
From: Benchman  Respond to of 43774
 
I am sure most, if not all, the long term holders, will hold tomorrow. I know I will. Just from my BB experience, I would imagine the MM's will open the bid/ask lower, and then hold it there for buys, and lower it on any sells. They will be trying to create a panic. They are probably hoping people will see the drop in price as a sign that the PR was not bogus. Just my opinion. I think this will blow over, and we will head up again. I guess we'll know for sure tomorrow.

Rob.



To: VERNIE THOMAS III who wrote (7544)7/22/1998 11:49:00 PM
From: xbrent  Read Replies (3) | Respond to of 43774
 
The MM's will rule the day tomorrow. Emotions play a large role in trading. When a stock is rising fast you can imagine it running up forever. When a stock is falling fast you can imagine it going to 0.
The MM's know those emotions very well. If their intention all along was to buy alot of cheap shares or to wiggle out of their short position that will determine what happens. Also one MM can be high on the ask and a different MM can be low on the bid. If some of the MM's have a short problem and others don't what then? If some of the MM"s were in on the the press release scam and others were not, what then.
Will the MM's who want cheap shares try a little panic creating shake on the open? How many people will fall for it? An endless series of questions and possibilities. If I knew the answers I would not be here with you this evening.