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Non-Tech : Alcide Corp. (ALCD)

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To: wally who wrote (7)	7/18/1997 8:38:00 PM
From: PuddleGlum	of 104

Wally- Have you managed to split the spread with your trades? Noticed the stock down at 42-44 at one point today and nearly bought then, but I started hoping for 39. Oh well. I try to use TA for my picks and stocks with small floats and large spreads add a lot of noise to the signals. I'll take a look at the charts this weekend and see how attractive it looks. Where did you get your estimate of $100? I keep telling myself that we have a blockbuster here but then I hesitate when it comes to throwing more money at it (although I did buy 100 sh. just a day or so ago). Novus agreed to some pretty strong commitments with that contract that they signed, so they must expect that the $500K payments per quarter this year and $1M per quarter next year are well worth it. A small pick up in demand for these shares could raise the price a lot, but I don't want to play the greater fool theory here. If mo' money gets in you know that it's not planning to stay very long. Steve

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