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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (83588)	12/3/1998 8:41:00 PM
From: BGR	Respond to of 176387

John, You write: In this zero-sum game, it appears that the individual investors are always the fall guy...always taking the losses to "support" this game... Precisely. And when the small investor wisens up, the game is over for the MMs, as now it is a zero-sum game involving the MMs only. I remember reading in Liar's Poker (a great book!) that when European institutional investors wisened up to the shenanigans of the then Solomon Brothers bond salespersons and profits plummeted, the complaint going around the trading floor was that the customers are not trained (to be fooled, I guess). Well, CNBC trains well, I hear. -Apratim.

To: JRI who wrote (83588)	12/3/1998 8:53:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 176387

John, you make some good points but like I told Apratim this afternoon, you guys are leaving out one variable, TIME. That is the whole point, TIME is the key here. Time is what allows the manipulation to work. You guys are assuming the transactions are immediate and off set. Over time it does not matter who the buyers are, only that that Goldman and Merrill make enough money in one sector and move to the other after possibly holding it down. Let me ask you this John? If I had 15 million shares of Dell and you had 15 million and we had no commissions to pay. Do you honestly believe we could not keep Dell in a small trading range if we desired. The reason Dell is so lucrative is because of the Manipulative Criteria, Volume, Price, Desire to Own it, High Short Interest, High Option volume. So what would change this picture for Dell. Only when the Manipulators decide that there is more money to be made on the upside or they are overwhelmed with volume from some astounding news which would simply move their ball game to a higher level. That will happen but only when Tech is the only hot sector. You saw what happened when the Tech sector was hot but so was the Internut stocks. Dell was the one that did not move. regards, Voltaire