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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration

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To: Wes who wrote (2700)8/20/1997 5:26:00 PM
From: Alan Coccio   of 10903
 
Not much to report today in the way of numbers. Trading was light with only 15 trades for 55,400 shares. Prices stayed roughly within the same range they had been in but we did see the bid drop to 56-cents at one point. MoneyFlow was decidedly negative. The last trade of the day at an even 64-cents was a sell of 3200 shares. Market makers are definitely gun shy and will drop the prices at the first sign of sell orders coming in. Guess they are not expecting much to happen and don't want to accumulate many more shares unless they can steal them at fantastic (for them) prices.

Al
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