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To: D.J.Smyth who wrote (2549)12/18/1998 4:39:00 AM
From: Spaw  Respond to of 4903
 
DS:
You guys are all missing the point.
Options expire tomorrow.
The greatest pain is at the 40 strike.
After Friday, the stock is free to run.

--spaw--



To: D.J.Smyth who wrote (2549)12/18/1998 10:02:00 AM
From: j_b  Respond to of 4903
 
<< i still think the market makers are trying to rid the stock of day traders.>>

You may be right. Daytraders in high visability, low float stocks are a pain the rear for long-term investors and market makers. I read recently that market makers are pushing for regulation of the day traders, and are often simply refusing to make a market in the highly day-traded stocks, switching over to manual systems and dragging out the trading process to discourage the traders.


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