Depends on whose theory you`re listening to! My little theory is that the accumulation is being done by FLCR at .33 (and only .33), and that FLCR`s ask of .335 is more a head fake to keep the .33 bid viable (this based on the fact that most of the time, when the ask is at .335, there`s FLCR AND another MM at that ask). Note that the ask of .331 is currently by GNET; I don`t recall FLCR ever dropping their ask to .331.

I think eTrade uses NITE as primary MM, but with their volume of trades overall, they probably use more than one MM.

BTW, I`m not picking on you or anything - just keeping the record straight....

What will be interesting will be what happens next, after this relative boredom trading. What`s going to happen first, FLCR full up or EDIG news? And wouldn`t it be real interesting if these two events happen the same day, within hours (e.g., FLCR pull their bid off the table, followed by EDIG news within an hour or two). We`d really be looking close at that news!

If it has anything to do with a large licensing agreement that could be related to Archos, I`d bet EchoStar is behind this action (since they`ve revealed an apparent desire to take an equity stake with suppliers).

JMKNHO (Just My Know Nuttin` Honest Opinion),

SGE