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Gold/Mining/Energy : PLRN - OIL!!! -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Harrington who wrote (415)	12/10/1997 1:04:00 PM
From: FARRIS	Read Replies (1) \| Respond to of 476

I am testing the waters between the bid and ask. No success yet. The MMs seem to be waiting to see what happens with the company. As GaBard always points out, MMs have the best information there is on any stock. Also a large spread often indicates a short is caught. (Do not get all nutty that there is a short here, but it is a possibility.) After a change of transfer agents, stock symbols etc., a short would probably be required to come clean -- unless he/she was extremely well connected. The company said a while back that they felt the stock had been shorted -- I still will not hold my breath on a squeeze, but it would sure be nice. Until all of the brokers finish changing over everyone's accounts and the stock starts trading freely, it appears we will sit on this outrageous spread. Eric