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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?

To: Franklin M. Humphreys who wrote (927)	2/4/1998 5:05:00 PM
From: Noblesse Oblige	Read Replies (2) \| Respond to of 3247

Hi Frank, You have noted and requested: "The answer is simple, and is the same as in all other stocks. Take the offerings straight up for a point with one of your brokers...Then give it ten minutes to sink in, and have a different broker buy the stock that shows on "the back." Wuold <sic> you mind posting a plain english <sic> version of the above?? Sure Frank...no problem. What I gave was a means for Voyager to buy "size" in TFS. If a stock is trading thinly, and you want to buy it, but can't find a seller, you must first take all the offerings in the stock and push it up in price (depending on the stock and its liquidity, that amount could be different), buying shares along the way. For this process, you use a single broker. When you have moved the stock higher buy executing buy orders through that broker, you have him walk away from the crowd at the post. Then, and this is the key part (because virtually no investor sells on upticks, preferring to wait until a stock has "settled" at a price before they sell it), you have a second broker enter the crowd with bids beneath the market. When the potential sellers realize that the stock has moved up, they generally rush to sell what they can, hoping to take advantage of the quick price movement. Normally, their motivation is recognition that the floor broker that put the stock higher has completed his "sloppy" buying. So, you bought stock on the way up...and then you buy stock on the way down. You have struck an average price, and generally speaking, you have accumulated more than you ever could have by "sitting" on the bid side of the market. Take care of yourself, Frank. I hope the above explanation is helpful.