PCPI--Cts. from NEC, CANON, MAtSU. Message Board

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Microcap & Penny Stocks : PCPI--Cts. from NEC, CANON, MAtSU.

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To: Peter R Smith who wrote (19)	10/1/1996 7:47:00 PM
From: Robert Williams	of 72

Peter, It appears as though the sellers have dried up, at least temporarily, and perhaps for the near future. I too have been impressed by PCPI's aggressive jump. I have watched a level two "competing quotes screen" for the last few days and it seems that the market makers are unwilling to give up any shares that they personally hold. Low volume and 20% price increases seem to suggest that someone either knows or suspects something. In this particular instance where the contracts over the last few months have been flowing fast and furiously I would'nt be surprised to see another inked deal. In fact, it may be too late to establish much of a position now without paying dearly for it. For example, today, during the afternoon, when the "last taped price"-- $1.75--& "at the bid," the market makers raised the bid to $1.77-- talk about implied upward pressure. Best Regards Robert W.

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