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Gold/Mining/Energy : Direct Focus Inc. (DFXI) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Hill who wrote (178)	1/30/1998 5:12:00 PM
From: Gordo	Read Replies (1) \| Respond to of 768

Does anyone know if BFX has a market maker? The trading pattern that I saw at the close today leads me to suspect that this is the case, or the company is using their own buyback to move the stock. For example, once all the shares on the ASK at $4.75 were cleared out, the next shares available were 5000 offered at $4.99. Unfortunately at this point the bid was only at $4.55 save for one lonely bid of 100 shares at $4.80 (artificially holding up the bid???). Then, right at the bell, whoever is at $4.80 hits for 100 shares at $4.99 to yield a wonderful closing price of $4.99, $.39 above yesterday's close. However, there was also a HUGE spread at the close once the 100 shares had cleared out: $4.55 - $4.99. Anytime I see a very small trade go through at the bell that much above the previous trade, I smell a MARKET MAKER!! Any comments?

To: Mark Hill who wrote (178)	2/2/1998 9:45:00 PM
From: diddlysquatz	Respond to of 768

"Hi Paul, how did you know Sprott was initiating coverage back in Sept.. Do you have a source besides Rice? Do you have any info on any new products specifically? Go BFX" Sorry Mark, I can't reveal my sources. It's actually been more like putting a bunch of pieces of a puzzle together. I was aware that a firm was doing an analysis but had to do some serious digging to find out who and even then I didn't know if they would come out with a positive recommendation however the fact that Sprott was doing some serious buying kinda made it obvious. Cheers Paul