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To: thomas odonoghue who wrote (2849)9/16/1998 4:29:00 PM
From: dealmakr   Read Replies (2) | Respond to of 5847
 
thomas,

I just hope that we are getting a better valuation model. If you have watched the trading over the last week. The MM's haven't had much chance to cover any shares that were sold. To balance the book, they have to keep shorting in a rising market and then attempt to walk the price back down. MM's will play against each other also and the ones that may have been buying in the last movement will force the issue to the point that when covering is to be done profits can be made by their purchases. I have posted about how the game is played before on this thread. The only other thing that I can think of is that when the dividend for Anything Internet comes, you have to be long in able to recieve it. If you are short then you have to pay it. Makes an interesting speculation about how the dividend can be payed by a party that holds a short position. Think about it. The dividend will be paid prior to Anything Internet commencing trading so the short will not have an opportunity to go into the open market and get it. The only way to get it is to be a shareholder of record entitling that party to recive it. Makes for an interesting speculation.

Dave