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Biotech / Medical : Bio-Reference Labs (BRLI)
BRLI 4.700-44.0%Dec 22 4:00 PM EST

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To: Sol Rosenburg who wrote (170)10/1/1997 5:52:00 PM
From: Bucky Katt   of 223
 
SR-- If my past history with nasdaq mm's, or any mm for that matter, is an indication of what they are doing, it is this--They are skimming as many shares off as they can, for whom I have no idea. They drop the bid, the small timers panic and sell. Could be someone who wants a couple hundred thousand shares, or another co. that is buying a large % stake, or a small cap mutual fund has a standing buy. Look at the chart and news of GMAI. The same thing. Skimming everyday for months for 1 buyer. This is all legal, but I don't like, unless I am that buyer.
The only thing for certain is this-- The stock will not be at this level very long.
Sol, was your order for 2500 or more shrs?

WJ
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