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To: art slott who wrote (3905)5/19/1999 11:32:00 AM
From: Bruce Cullen  Respond to of 13157
 
The more the MM's the better, creates better supply and demand due to more invisible hands in the bid and ask.

~B~



To: art slott who wrote (3905)5/19/1999 2:01:00 PM
From: SCOTT HEIMAN  Read Replies (1) | Respond to of 13157
 
To All:
I don't want to be a wet blanket, but SBSH coming on as a MM is not automatically a good thing. It is possible that they have a customer that is long a large amount of stock that they will be selling for that customer. To my knowledge there are no great obstacles to becoming a MM, so SBSH's motivation could simply be to generate additional transaction revenue that naturally occurs when a broker/dealer executes his trades. I point this out only to keep more emotional shareholders/investors from becoming discouraged if they see SBSH always on the offer.

Long and Strong,
Scott