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To: Jon Tara who wrote (16978)8/20/1998 9:51:00 PM
From: rhet0ric  Respond to of 213182
 
Re: stock price pinning at options expiration

The reason for this is NOT manipulation, but as a natural side-effect of option expiration.

Jon, thanks for your very lucid explanation. Much more informative, albeit less satisfying, than the conspiracy theories I'd learned from this board over the months.

rhet0ric