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Biotech / Medical : ACMI - Accumed Inc.

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To: Cisco who wrote (482)	11/8/1997 1:15:00 PM
From: Frank Buck	Read Replies (1) of 1894

Thanks Cisco. I have a friend who is an Independent PR Contractor (for small developing micro-caps) and he maintains that NASDAQ numbers (volumes) reflect both sides of the sale. His "distribution of material" for a stock he is PR'ing usually invigorates the share volume and price. His "volume watching" is an internal benchmark to determine his productivity, so I figured his knowledge on the volume matter was accurate. Still I had my doubts. After reading the Forbes article I can see that it is not that simple. Some of the information in the article gave me the shivers. Specifically the info on monthly volume averages as pertaining to a percentage of allowable insider sales. Also the "wrist slapping" punishment administered to the market-makers for violations seemed meager to say the least. The anecdotal references to managers curious about their stock volume says quite a lot. That is "if" you are knowledgeable about certain features of the system you can flourish, if naive you can be ground into dust. Frank

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