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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE -- Ignore unavailable to you. Want to Upgrade?

To: Barry K who wrote (222)	6/24/1999 3:35:00 PM
From: Crazy Canuck	Read Replies (1) \| Respond to of 1252

>>There has to be more than what meets the eye.<< Barry, I am not sure if you have access to market depth, but it sure has been an interesting story over the past few days! Yesterday afternoon, there were 65,000 Bids between $3.00 and $3.10 with only 10,700 on the Ask between 3.30 - 3.60. This morning there were 43,000 on the Bid and 13,800 on the Ask. Now the last time I checked this afternoon, there were 62,200 on the Bid between 3.00 - 3.25 and only 18,600 on the Ask between 3.30 and 3.50. Now, in my opinion (not an expert opinion mind you), someone definitely doesn't want this to go below $3.00. So, I believe that with this solid support the stock does not have a good very good chance of going lower! That is as long as these Bids stay in place! As a matter of fact, I am betting that the disproportionate Bid and Ask volumes will create a pretty strong upward pressure on the share price. I have spoken to several other investors who feel that this market depth is a positive sign as well. As a result, I have bought more shares today. I know I haven't said this for awhile, but what the heck "No guts - No Glory". I want to emphasize that I am not skilled at interpreting these indicators. That said, please do not take my actions as indicative of a recommended course of action. Rather, put this market depth down as just one of the factors to look at when doing your DD. Whatever you do, I wish you luck! Talk to you soon Barry! Crazy Canuk