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Strategies & Market Trends : WELCOME TO THE CATHOUSE -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (256)	9/24/1999 10:38:00 AM
From: ivan solotaroff	Respond to of 1065

ASIS/RAD Wally, ASIS didn't gap enough, though it finished the day as a weak Este-cat. Volume is too slim to admit entrance into the cathouse. When a stock typically trades 10-15,000 shares a day it's too dangerous to play as a cat, as the MMs frequently have to widen the spreads by a prohibitive amount, just to make their micron of flesh out of the paltry churn. RAD, as mentioned previously, gapped again on 9/21, and is thus back on incubation, currently Day 3. It's a Philly company so I know a little about it: It's in dire straits. Ivan