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Technology Stocks : RFID Systems Corporation (RFID)

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To: Norms who wrote (104)7/20/1998 6:12:00 PM
From: Norms  Read Replies (1) of 199
 
One last thing. Professional traders are telling me that stock is very tight and hard to buy in any size. I waited 20 minutes this morning to get 1500 shares filled at the ask to add to my position. Later at the dip to 1 1/16 to 1 1/8 - I had to wait another half hour for 5000 more shares and I was offering to purchase at 1.15.

This and the large spread during the day tells me that MMs are real short shares on this issue.

Norms
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