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Technology Stocks : Metrowerks (MTWK)

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To: Craig Stein who wrote (91)9/10/1997 12:54:00 AM
From: Sam Ragucci   of 158
 
Craig,

I don't think I've ever SEEN a stock this thinly traded - on a slow day, any one of us could push the price up or down with a trade of a few hundred shares! Is the lousy spread due to the low volume, or did we just get stuck with a greedy market-maker?

Whatever the reason, it has made me reluctant to do any short-term trading in the stock - you have to be awfully good to beat a 5-10% spread! I have adopted a buy-and-hold strategy for this one...

Sam
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