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Technology Stocks : RFID Systems Corporation (RFID)

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To: Ted B. who wrote (82)5/11/1998 11:45:00 AM
From: Micropicker  Read Replies (1) of 199
 
Calculated Bid and Ask

The close on Friday would indicate a bid and ask of 1.65 x 1.75.
The actual bid and ask is 1-1/2 x 1-7/8ths. I think we can expect to see a slightly wider spread for a while because we have just reduced the float substantially. Once people start trading, it could narrow a bit. Buyers are scared of the reverse split, and sellers are waiting for news. I will try to be patient.
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