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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: Benchman who wrote (795)	6/16/1998 11:14:00 AM
From: Mike Ankley	Read Replies (1) of 5402

Rico's assessment, once again, appears to be dead on: exchange2000.com And today's action: 30,000 buys ask stays level at .78 ... 9,900 sells and bid drops from .75 to .62. So how are the MM's so easily put into the position of having no shares when the public float is 7.8M? Strongly suggests to me that as gwolf pointed out the available float has been considerably reduced to the discussed value of 800K: www2.techstocks.com and Chief Brody has confirmed this at the source from Dr. Drees: www2.techstocks.com Cheers Mike

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