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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Neal davidson who wrote (12190)4/23/1998 10:27:00 AM
From: Tom Frederick  Read Replies (2) of 20681
 
One thing I found out this morning in a very illuminating example is that SI is VEEEERRRRYYY slow posting Naxos activity. While I was on the phone with a friend who was getting live on line quotes, my screen showed 0 volume and a price of $4 3/8. He had a current volume of 21,000 and a price of $4.44 to $4.50. Just seems a good indication that you can't use SI as a source for info on a stock making a big move on the day. Don't get me wrong, SI is great for lots of things but for following this stock minute by minute, it is not the most accurate tool.

Regards,

Tom F.
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