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To: Robert T. Quasius who wrote (47732)7/10/1999 7:31:00 PM
From: A. Geiche  Read Replies (1) | Respond to of 95453
 
OT
US investment firm charged with security fraud
biz.yahoo.com

"Today's indictments represent another blow against the pervasive fraud that we have found in our investigations into the micro-cap securities industry," the prosecutor said.



To: Robert T. Quasius who wrote (47732)7/11/1999 2:07:00 AM
From: double-plus-good  Respond to of 95453
 
robert,

are you aware of any near-term developments which explain the relatively meteoric spike on friday?

FWIW, i was just about to bite, as i believed the drift down to 1 was due in large part to the crisis in confidence arising from the transfer to the BB.

the bid/ask spread was pretty wide at the close so there is a good chance that shares can still be obtained close to 1 1/2.

++good


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