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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Richard Mazzarella who wrote (2366)1/12/1999 3:06:00 PM
From: Char  Read Replies (1) of 5143
 
Richard

I show 12 MM's in the stock right now so it's not the quantity of MM's. I guess we just need better quality. Hopefully once serious buying starts coming in, this will change. The best bid/ask spread is 20% but the spread from each market maker is far more.
WDCO is on the best bid at $.415 but they are on the ask at $.656, closer to a 50% spread. USCT is on the best ask at $.51 but they are on the bid at $.31. This is typical between all the MM's. I know what I want to be in my next life. <G>

Char
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