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Non-Tech : WWES...Shannon Briggs' heavyweight punch...:o) -- Ignore unavailable to you. Want to Upgrade?

To: Lawrence Burg who wrote (54)	7/13/1999 12:13:00 AM
From: Lawrence Burg	Read Replies (1) \| Respond to of 117

Been a coupla days...trade logs... ...starting last Tuesday...bid or below - split - ask or above... Tues...21,900 - 30 - 8,400 Wed...20,600 - 9,200 - 59,100 Thur...59,400 - 9,000 - 20,000 Fri...26,100 - 8,800 - 25,900 Today...34,300 - 300 - 26,800 Of much note, last Wednesday saw three large consecutive buys @ 2 5/8...10K & 5K, followed by 25K. Thursday about 2:30 saw a block of 10,000 come in 1/64 below the ask of 2 9/16. I would watch the logs closely. None of the big blocks moved the spread much, if at all, possibly indicating they were MM-MM trades, or somehow not part of the normal market hub-bub. I suspect the big blocks may start to become more prevalent in the coming days-weeks. Recall that LH mentioned marketing WWES to the "Sell" side...notice also that the largest block, like those over a week ago towards the close come at prices just inside the normal spread...i.e., the "inside spread" used by MMs amongst themselves...;o) Every other trade was 5,000 or less, or broken up to appear so. My opinion of this is that it is the last of any initial stock holders bringing their shares into the float.

To: Lawrence Burg who wrote (54)	7/13/1999 12:20:00 AM
From: Lawrence Burg	Read Replies (1) \| Respond to of 117

On a separate note, the TA looks worse now than it did when it first broke loose from $2.50. Actually, the first run to $3.50 was the peak of a trend started in late February, from $1.50 - 1.75. The run to $4.50 took place on weaker underlying statistics, and was part of a technical downturn. The upside of course is that the price is still hovering around $2.50 with most indicators being overbought and quite near the bottom. We're $1 higher than the last time the trends turned up, so now it's just a matter of time before the cycle starts afresh. I'll be watching for a higher high on the fast oscillators...and of course the trades in the log.