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 : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: frank 3 who wrote (3601)	9/23/1998 4:56:00 PM
From: Doug Moulton	Respond to of 12623

I was definitely watching Cien and like I said, as soon as I read the earlier post about GSCO buying I looked and seldom saw them for the rest of the day. I admit there was strong buying at the end and ISLD and INCA were getting out, but GSCO did not stand out at all. Just what I saw.... Doug PS...I hope you are right though about a big gap open tomorrow.

To: frank 3 who wrote (3601)	9/23/1998 5:06:00 PM
From: MThree	Read Replies (1) \| Respond to of 12623

frank, level II does not guarantee that what GSCO is buying, it isn't selling on INCA. There have been times when these guys are recommending a stock and buying them on Level II, but on INCA -- where their identities are not readily apparent -- they are selling.

To: frank 3 who wrote (3601)	9/23/1998 5:29:00 PM
From: vin kirplani	Read Replies (2) \| Respond to of 12623

Doug, the guy on Yahoo who posted about GSCO is me. I do believe my eyes are in perfect working condition. It is exactly as i stated. I have been watching it like a hawk. Please re-confirm that you have not made an error. I saw GSCO bidding @ 14 13/16 while at times the bid to ask ratio reached 10 X 130, GSCO kept on bidding. Soon after MLCO joined in, they did not stay long, but then GSCO moved to 14 7/8 and started taking all the sellers, hence the price went to 15 briefly, then INCA bidding and selling, transferred all bids to sells, and drove it down to 14 13/16, where they could not beat out GSCO, because GSCO was taking all that the sellers could give them. I also checked the ticker for time and sales, and you will see I posted accurately. Something is brewing here.