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To: zax who wrote (13831)8/17/1998 6:04:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

As long as unethical people have influence over concentrated, large amounts of money,
and follow the leads of other unethical people, I am afraid so.

Perhaps the information age will change this, too.


Zax,

I had initially thought the information would change the influence of certain people. As I watch the progression, the influence by manipulators has increased rather than decreased. Analayst's revisions were know days later rather than almost immediatly. The revisions had very little immediate affect on the stock. Now a brokerage house may play a stock in one day by having their analyst make a specific revision.

There was the advent of the NASDAQ. New technology. However, much easier to manipulate stock prices. That has been proven.

I believe manipulation in all forms is increasing. The advance in technology is making it easier for the manipulators.

Glenn