Lightpath Technologies: LPTH New WDM player Message Board

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Technology Stocks : Lightpath Technologies: LPTH New WDM player

LPTH 11.26

+10.2%

3:59 PM EST

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To: Kenneth E. De Paul who wrote (5)	5/15/1997 9:49:00 PM
From: craig crawford	of 1219

It's too bad that you can't access their website. If you do finally get it you might want to register as an explorer. They will send you a 6 minute video and all kinds of literature for free explaining their technology. Someone called me from the company within a couple of days. Also, everyone be careful when purchasing this stock. The market makers seem absolutely crazy. I've been following this company for a month or so. Sometimes it wouldn't trade any shares or maybe just a couple of thousand. It was bid 4 3/4 just a few days ago. I sat and watched the bid move up rather quickly on no volume whatsoever to 5 3/4. The day it hit 5 3/4 32,900 shares were traded mostly after the bid and ask had moved up. Then mysteriously the bid has sank back down to 5 (4 7/8 intraday) on practically no selling volume. I realize that MM's might have to adjust the bid/ask on the class A if there is a lot of movement in the units/warrants, but I have been watching all three and they don't always seem to move in lockstep. I will say that there appeared to be active buying in the units/warrants previously to the big volume in Class A. That could explain the market makers raising their bid 3 times in front of my eyes with no trades going through.

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