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Microcap & Penny Stocks : The New Corporate Vision Inc. ( CVIA )
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: mulla711 who wrote (1872)5/13/1999 12:22:00 PM
From: Rich Lytle   of 3596
 
I am not new to investing, but am still a relative novice concerning the effect of MM's on stock prices, and how they determine what their respective bid/ask prices will be. I continue to read your posts (& others) where this data is displayed. Thank you for the updates.

My over-simplistic mind has been wondering if the "average ask" has any merit when trying to consider the value of an investment such as CVIA. If I average the currently posted ask prices of the 8 MM's that seem to be alert ;-) I arrive at an "average ask" of $5.14. At least that makes me feel better about the combined thoughts of the MM's.

Is there any merit to my computations or am I out flying my kite again? Thanks for the opinion. Rich.
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