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To: Chad Beemer who wrote (168)1/27/1998 1:10:00 AM
From: Eric Fader  Respond to of 1530
 
Claudia -- I'm aware of some stock that traded in the middle of the spread last month. The MM moved his bid up to .24 to take some in, then sold it at .27, if I remember correctly. Similarly, with the spread at .20-.27, a buy order at .24 or .25 might induce your broker's MM to bid .21 or .22 to try to take in shares to sell to you. But if no one sells to him, you probably won't get filled. Be a sport and pay the .27 [g] .



To: Chad Beemer who wrote (168)1/27/1998 2:24:00 PM
From: OFW  Read Replies (2) | Respond to of 1530
 
Looks like the spread is finally closing a bit --- now .18/.24

Shouldn't we be getting some news soon? We've all been patiently awaiting our upcoming news --- I remain confident that our wait will be very beneficial to us all. Lots of activity on the spread in the last couple days.

Remaining long for as long as it takes!

Offie