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Microcap & Penny Stocks : OTC:BB FTGX: Fibernet Telecom Group

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To: C. Ed Slagle who wrote (27)5/10/1999 12:15:00 PM
From: AJ Berger   of 79
 
I don't believe the MM's are playing games

quite to the contrary;
if you buy 1/16 up from the bid,
and sell 1/16 down from the ask,
you pretty much always get your
order filled. I don't believe
this MM is taking on much of his
own inventory of shares on this
BB stock. Basically, sell now
and buy back cheaper for more
news to come, or hold and wait
for the next batch of news.
When $14mil in financing is
to pay off $800k in debt that
usually means the remaining
cash is to be used for new
projects, and it's that news
which will help the stock up,
when it's hopefully in much
firmer hands.
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