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To: Kevin Clarke who wrote (31939)6/30/1999 6:34:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 44908
 
Kevin, if by "MOMO group you mean a P&D operation mounted by some group of investors, sure you might be right, but these plays are often like musical chairs, the question is who will be holding the bag at the end. I would not be surprised to find out that the 2.1 MM shares that started this was a covering of the 2 blocks of about 1 MM each sold about five days ago at about $.053 (from the chart, I did not see these). If that is the case, they will be coming back to sell shares short to the MOMO players. If you look at the chart of TTRIF you see every so often similar burst of volume and prices, followed invariably by new lows, I would say you should expect a similar scenario here. After all, nothing has changed, there are still going to increase the numbers of authorized shares to 300 MM, the PP refuses to discuss the setting of a floor.

The last mini rally was instigated by the rumors surrounding Marty's seat on the board, this one seems to be around "Rich" (whom ever he is) volunteering to "work for free" and Gordon "graciously" accepting the offer?

Zeev