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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration -- Ignore unavailable to you. Want to Upgrade?

To: Ice Cube who wrote (5494)	3/31/1998 4:57:00 PM
From: Alan Coccio	Respond to of 10903

And let's not forget Sherwood who got this whole thing going. One of the keys in the morning will be how long he sits at 85-cents. He bought a boatload of shares in the upper 40s and hasn't stayed at the ask very long to be able to get rid of them. So he made an excellent play and is sitting on a 35-cent profit on those shares already. His options are to either park it at 85-cents to dump the bulk of his shares or ride the ask price higher. If he parks, 85 will be the top for a while; if he let's it ride we could see a nice quick run since both he and Fahnstock would be looking for higher prices. The niggling little warning sign though is to be careful if it runs too fast since it will come back to square one or lower just as fast for reasons that you understand. Ain't trading fun? Sometimes seeing the action on a Level II screen/Time&Sales screen creates headaches although I could never go back to being half blind again. Alan