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To: Glenn D. Rudolph who wrote (48552)4/1/1999 10:22:00 AM
From: Greg Peckton  Read Replies (1) | Respond to of 164684
 
PW sometimes lends shares at higher than market prices to its prefered cutomers so that they can short it. PW buys it back from them at lower than market price so that they can cover.

Only for special customers. Trust me on that.