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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Doug Meetmer who wrote (7947)	1/10/1998 9:50:00 AM
From: james m. schultz	Read Replies (1) \| Respond to of 20681

Doug, Naxos does trade on the instinet.

To: Doug Meetmer who wrote (7947)	1/10/1998 10:07:00 AM
From: ShoppinTheNet	Respond to of 20681

"In other words, I don't believe what you heard." Doig your back. Good to see ya. Hope all is well. Long time Naxos survivor of 78 two week terms and still holding.

To: Doug Meetmer who wrote (7947)	1/10/1998 11:54:00 AM
From: N.Howard	Read Replies (3) \| Respond to of 20681

Actually Doug, the best way to buy NAXOF is on instinet. Instinet is an electronic trading system that matches buyers and sellers. While market makers certainly have access to instinet, the bids and offers placed on instinet are predominantly from individuals, or firms that do not make markets in a particular stock. If the "market maker" market is 5-6, you can bet that there is either a lower offer or a higher bid or both on instinet. N.Howard P.S. I heard it was about 4000 shares that traded @ 6 1/2 . The market at 4:40 was 6 1/8 bid for 5000 shares and 1000 shares offered at 6 1/2.