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To: uu who wrote (71155)1/12/1999 4:54:00 PM
From: KM  Read Replies (5) | Respond to of 186894
 
Well, tell that to the person who just bought 23,000 shares at 139. Or maybe the one who just bought 48,400 shares at 139 1/4. Or the third one who just bought 15,000 shares at 139 1/4.



To: uu who wrote (71155)1/12/1999 5:33:00 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 186894
 
Addi <<So in short after hour trading means absolutely nothing>>

maybe not, but it seems to have some intial impact in Europe's version of U.S. comapny "ADRs" trading on their exchange. If it didn't matter (as you suggest), several market makers wouldn't go to the trouble (but you do suggest they DO go to the trouble).

What a great report.



To: uu who wrote (71155)1/12/1999 6:40:00 PM
From: Don Pueblo  Read Replies (1) | Respond to of 186894
 
Really! I did not know this! Can you please tell me exactly how this works? I mean how the "market makers...grab the suckers" after hours? How do market makers "artificially" raise and lower the bid after hours? Please be as specific as possible.

Thanks in advance!