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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Carole who wrote (5051)	2/5/1998 7:12:00 PM
From: PeterR1700	Read Replies (2) \| Respond to of 11708

Carole - saw your post and share a lot of your feelings. This entire "CSMA experience" has been tricky at best. Sir Franco certainly did his job and now David's absence...oh, well. (I didn't follow the altercation between you and he but "s" happens.) Me, I don't know what to do. Could sell, lose some money and stay away from bb's. (This is my first bb and has been a learning experience.) On the other hand, my friend Durro, remains bullish and enthusiastic. I'll be seeing him this weekend and invite him to use my computer and add his thoughts. Bye for now. Peter

To: Carole who wrote (5051)	2/5/1998 8:00:00 PM
From: KZAP	Read Replies (1) \| Respond to of 11708

I know you are not in the mood. You can skip this post. Did you read the link from post #5048? Here's the facts from today: Trading was light this am, I'm not sure how many shares were traded but it wasn't much over 20k if that. I went to lunch at 1:15, the bid was .51 ask .55. When I returned at 3:15 the price was .47, I'm not sure the volume but wasn't concerned because of the low volume (in the am), I expected low volume the rest of the day. Boy was I surprised when I finally got off the phone and checked the real time quote. The volume was up to 220k+ the bid had dropped to .43! I Jumped on it! As soon as I got to my online broker I placed a order for 5k @ .43 I don't know if or when it filled at that time. I placed another order for 5k @ .40, then .38 and then checked the real time again. Price dropped to .41 volume up to over 260k, then 288k, then 296k, I said "shoot, what the heck is going on!?" It was like 3:56 pm then what could I do? My online broker closes at 4pm! Nothing I just placed another bid at 7/16 and watched the real time for a few more minutes. Then I got on the phone and called everyone I could think of! I got ahold of a certain company person and they were busy as Heck! All they had time to say is all they know is the price is dropping and they would call back. Well they must have been on the phone to one of the other people I had called. When I got the call back, we discussed what had happened and here we sit. Was that boring enough? Anyway FWIW I think (as many do) as the price dropped from the 300k that was dumped, the stops kicked in and there was a 'sell off', plain and simple. Anyone got any other ideas? I'm all ears! I just wonder if all the 300k (or more?) that was/is dumped is gone? If there is any left will there be a repeat in the morning? I don't know, we will see. If there is, and the price is where it is now more or less, I for one will take a few shares. You do what you want. If I were you and was dissatisfied, I'd sell, sell, sell! This is my opinion. Good Luck! KZAP