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isis - Tue, 20 Dec 05 :

PV - I have to agree with nobby/TJ it is unlikely mm's would take a position in GLD unless it was for a client and that would be done through their brokerage part
in anycase.
By and large mm's do not take positions and run relatively flat books although some firms do take proprietary positions.
Nice to see these holding up well, a takeover makes perfect sense to me and Gladstones software could be marketed in the US and Canada using Constellation's
network and without the costs GLD would incur if they went it alone.
The endorsement to use GLD's software as a training course in NSW University is flattery indeed.

If the mm's are a bit short It's tough luck on them, don't give the suckers an even chance!


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