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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (2187)	12/31/1997 9:51:00 AM
From: jkb	Respond to of 4969

Steve - Am I able to dump a percentage of my holdings in a particular equity and still claim tax loss against it? In other words, do I have to sell my whole position in the equity to claim the tax loss - and then wait 30 days? Thanks... -Jay

To: steve goldman who wrote (2187)	12/31/1997 10:45:00 AM
From: TFF	Read Replies (1) \| Respond to of 4969

Steve>>>>>>>: If the illiquid stock in a exchanged based system fell to low levels, then let the person who feels it is worth more buy the stock. LOL.... If anyone has ever traded the Vancouver market they know all about this. Very often stocks go no bid or no ask. It definitely creates some interesting trading opportunities. Typically someone gets burned when an unsuspecting investor enters a market order and ends up paying way more/less than the recent average trading price. Usually as soon as one stink bid/offer comes in, all the house traders pile on top of one another to tighten the spread. The system works, but it does make you nervous if your long and there's no bid showing! Cheers!

To: steve goldman who wrote (2187)	12/31/1997 10:48:00 AM
From: Joe King	Read Replies (1) \| Respond to of 4969

Steve, Is there a big difference between Convertible preferred Reg D financing and Con pref Reg S financing with offshore investors? Is there a bigger risk to the investor with offshore financing , I have heard that Reg S shares will probably tank the stock because within 40 days of deal they can convert all the shares. Any comments? Thanks, Joe

To: steve goldman who wrote (2187)	12/31/1997 12:02:00 PM
From: g_m10	Respond to of 4969

Steve, I do agree with you absolutely that we would be better of without MM's, but I'm confused on what we can expect from NASDAQ itself to do about it. NASDAQ's full name is "The National Association of Securities Dealers, Inc." It means that this place to trade stocks was created by SECURITIES DEALERS for SECURITIES DEALERS to buy and sell stocks. This is what dealer is all about. Can we tell them to step aside from their own business only because we don't like them? I think they have all rights to tell us: "Don't like, don't come." If I want to sell my car (shares), can I drive the car to a dealership (NASDAQ), put it on the dealership's lot with the price on the sticker (ask price) and wait for the bidder from the street to come to buy my car? Can I tell to the car dealer (MM) "Get lost" If he dares to express his exclusive right to trade cars from his dealership? Just curious.