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Technology Stocks : Gandalf Technologies

GANDF 0.0900

-18.1%

Dec 23 1:30 PM EST

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To: Chartgod who wrote (2663)	10/16/1997 8:35:00 AM
From: Daniel Chisholm	of 2723

Wanted to buy: 1500 shares GANDF. The Over-The-Counter Bulletin Board seems to be a pretty illiquid market, with atrocious bid-ask spreads. I get the impression that the dealers are buying GANDF at 1/128 or so (ie. just under one cent), and selling it for 10/128 (or today, 15/128). Bid 1 cent Ask 10 cents is ridiculous. I've tried for several days now to purchase some shares, and my 5 cent bid has been ignored. Even though the size of my order is pretty small dollar-wise, it nonetheless galls me to pay 10 cents or 15 cents to a dealer who bought the same shares for 1 cent or 2 cents. This is neither a fair market nor an efficient one. So, I'd like to offer 5 cents U.S. per share for a share certificate for up to 1500 shares. Email me if interested. - Daniel dmc@nbnet.nb.ca

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