CCGI: ComTech Consolidated Message Board

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Technology Stocks : CCGI: ComTech Consolidated

CCGI 8.510

-3.3%

Feb 13 4:00 PM EST

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To: buckshot who wrote (26)	3/20/1998 3:01:00 PM
From: (Bob) Zumbrunnen	Read Replies (1) of 394

Well, I'm only semi-involved, as I've backed WAY off on my stock activity, or even caring about my portfolio, but I do get a bit angered every time I see the CCGI quotes. I generally shun "Evil MMs are manipulating us!" arguments, but when I look at what the spread has been for the whole time I've watched this stock, I want to lay the blame for this activity on their shoulders. On about 100k volume, they have managed not only to squelch any demand that may've existed, but also pocketed about $12.5k or more in spread profits in one day of trading. I'm sorry, but a spread that represents more than 50% of the bid price sure looks abusive to me.

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