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To: David L. Wasylenko who wrote (5380)7/16/1999 2:23:00 PM
From: Sportfish  Respond to of 5847
 
Plus, perhaps, more MM's & brokers. I'm curious enough to wait & see.

Regards, SF



To: David L. Wasylenko who wrote (5380)7/16/1999 3:48:00 PM
From: Hockeyfan  Respond to of 5847
 
Re: Lack of trading.

Anytime somebody buys or sells more than 200 shares, the market moves up or down $2.00. No matter how much I like a stock I have a hard time buying it when its value is immediately cut by $10 upon execution of the trade. Dividend holders think the spread will decrease and they will get a higher price for their shares. Buyers think they will get a lower price when the spread tightens.

Summary - the large spread and small market (2X2) is stiffling trade in this stock.