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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?


To: LANCE B who wrote (4405)5/3/2000 11:50:00 AM
From: Eric Fader  Read Replies (1) | Respond to of 4792
 
Right - they want volume, but no one could have foreseen the kind of mania we saw recently. EVERYONE was unprepared, to some extent. I have a collection of charts and other information on many of the unusual OTC-BB market periods of the last 5-6 years, and a few weeks ago I looked through files from 1996-1998. In those years, volumes were high and pigs flew, but generally the craziest moves were bankrupt companies going from pennies to maybe .30-.50 over 1-3 days, not anywhere near the bizarre stuff this year. The business has gotten tougher and a dumb or inefficient MM can definitely get hurt, but they should all be in decent shape now that volumes dried up and they've had a chance to balance out their positions.



To: LANCE B who wrote (4405)5/3/2000 9:12:00 PM
From: SellShort  Respond to of 4792
 
LANCE B....Did you ever do any DD on ASXI...If so what do you think?

SellShort



To: LANCE B who wrote (4405)5/4/2000 9:49:00 AM
From: RCJIII  Read Replies (1) | Respond to of 4792
 
FMFK just reported huge profits of .17, it is starting to run.

Warrants, FMFKZ and FMFKL could really move soon as well.

RCJIII



To: LANCE B who wrote (4405)5/5/2000 8:05:00 AM
From: cincyal  Read Replies (1) | Respond to of 4792
 
Lance, I totally agree; I always appreciate your insight into the markets.

CincyAl

Keepin my powder dry............waiting for the market to come back...........it will eventually