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Microcap & Penny Stocks : LSGT/NASDAQ/Lasergate: Virtual Concert Tickets....

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To: Kris Dungan who wrote (141)7/25/1997 2:43:00 PM
From: Steve Dunlap   of 194
 
Kris,
Sorry, hit the wrong button...no way out of composing a reply.
I've been looking at the action in a one minute interval chart available through etrade. As few as 5 or 6 trades a day and just a few thousand shares trading. Chart marks indicate trades occurring from 1/4 to 13/32. Threre's no trend or pattern. I think the huge
% changes mean absoutely nothing at this time. You won't be able to buy stock at 1/4 and sell it at 13/32 to take advantage of the swings......only the Market Maker can do that. Now the day that some announcement, news or rumor generates some interest and solid buying we'll be off to the races!
Steve
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