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Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?

To: NJ Investors who wrote (8515)	10/23/1998 1:36:00 PM
From: stox19	Read Replies (1) \| Respond to of 10786

Bob Gruder, this is a post by Tech. I called him a meathead before and I am sorry for doing so now. Please read and all the posting here in last couple of days. Are you taking any of this in? Have you lost your mind? I don't know about Jeff and TM, but I am definitely getting sick and tired of defending your sometimes stupid actions. Show some respect to people that have stuck with you for a long time? How the game is played......._Tech__ (34/M/Denver, Co.) Oct 23 1998 12:52PM EDTA MM that is short, NITE, for example.. will move down on the offer showing some size (i.e) 3,000 or more shares. Another MM that is also short does the same making the stock look weak. As buyers come in NITE then sells the stock short and the other MM's that are working along side drop the bid and the stock starts to fall. Unknowing investors see the price falling and sell into it. The stock gets weaker as more sellers come and the volume increases as more selling pressure takes hold. When the MM's who were shorting feel that they have locked in enough profits, they then go sit on the BID and buy back all the stock they shorted at higher prices. The MM is actually selling high and buying low. This is common place with ALYD and the MM's such as NITE, FAHN, and SHWD often follow this M.O. If they want to cover shorts they short MORE to get the stock down and have selling pressure pick up. As the sellers start panic selling they sit on the bid and suck down all the stock they sold earlier in the day and if they have scared the market enough... they will be successful in getting cheap shares to cover large short positions without having the stock run up on them. For instance, NITE ... the MM that was shorting this A.M. is now sitting on the bid trying to buy stock at $6 3/16 Clearly he is covering or attempting to cover his position. The unknowing investor who looks at the spread and sees the stock has fallen gets upset or panics or is just sick of the stock and sells right into the MM's hands. Once he covers the shorts they bid the stock back up again and set up for the next day. They have no fear of getting caught short because they have seen little by the company to instill any fear in them. This is the kind of damage Gruder's actions cause. You DON'T say one thing and do another. These guys will eat you alive at the shareholder's expense. The MM's or anyone else who is short has little to worry about when the CEO constantly fails to follow through on what he says Mansour