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To: J.R. who wrote (2780)	3/28/1998 10:02:00 PM
From: K A Anderson	Read Replies (1) \| Respond to of 6654

I am curious how you have came to this conclusion, with the volume being a little higher than 5.7 million... and judging by the amount of buying verses sells... there was at the very most 3 million sales or 3% of the current float, which is not overly surprising for a float of this size... but a 16% price walk down on 3% of the float being traded? In fact the low was .014 (apx 16%) so you may very well be right... the MMs may TRY to walk it down to .01 or less, lets say 10% of the float trades, on panic selling... still 90% are holding or accumulating the MMs have no choice to react to Supply and Demand once the news breaks... 90% share holders with their shares waiting for their exit point, there will be some demand to drive the price up... and then comes the momentum traders and daytraders thats only adding fuel to the fire. You may have a point though it could cause a panic if it dips below .01 but hey we survived a 50 million Reg S share entering the float with a price drop to .013 so the shake out should be a piece of cake, I HOPE <g> The MMs are walking the price down for a reason and its not because most of the float is for sale at these prices. KAA