Avtel Communication (AVCO) Message Board

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Technology Stocks : Avtel Communication (AVCO)

AVCO 2.120

+2.4%

Oct 31 3:59 PM EST

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To: Mark Davis who wrote (344)	11/15/1998 9:08:00 PM
From: Charlie Smith	Read Replies (1) of 461

Mark: Whom do you suppose will be offering stock on an air ball like this, especially on it's way up?? Let's see, orders for 500,000 to buy , NO SELLERS. Even a Cray would have trouble matching that imbalance. Ahh, liquidity. The vastly overrated final element in the NASD's triumvirate of blatant self justification. You're right. In garbage stocks like these, nobody will be offering stock, and that's exactly the point. The numbskulls trying to buy will be saved from themselves (today they line the pockets of the MMs) by being literally unable to transact. A few months pass, and the Pressteks, Syquests and Avtels of the world are revealed for what they truly are...crap! Buffet once said he wouldn't care if they closed the market for four years. Charlie

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