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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (56)4/6/1998 11:34:00 PM
From: dan oreilly  Respond to of 3086
 
2) Per the trading today.. it was very weird. They brought bid from 1.06
to 1.25 and many of those trades were like 500 shares or so.. especially
between 1.125 and 1.31 bid. This is very weird, because usually I see
MM's bring the bid DOWN on those low sort of volumes, not UP. Im not
sure what to make of it. Anyone?

Mark: I noticed the same activity. During that period I had a small buy in at 1 1/8{1000 shares}. This was placed after seeing the stock "stalled and a rather large spread. I placed the order just to try and get a feel of what the true market was. Within a couple minutes of my order being placed is when i noticed the movement of the bid. My read of it was that the MM's had a larger than "usual" market order to fill and were raising the bid to try and accumalate some shares before filling the order and they ended up picking up "smaller" sell orders to avoid going short the stock.
That was MY read on it as it was happening. BTW my "test" order never did fill



To: Mark[ox5] who wrote (56)4/6/1998 11:57:00 PM
From: justaninvestor  Read Replies (1) | Respond to of 3086
 
Hi Mark - Right now, the laws do not allow anything greater than, I think, 156 bit encryption. In a previous post, I indicated that there is a lot of pressure being brought to bear on the US gov't to allow far greater encryption levels. When a multinational bank suffers losses in the millions because their data has been compromised, they're not going to give a whit about what the US gov't says.

But I think we might be missing the point here. They are going to issue this $5M challenge which should generate unbelievable publicity. So if you're a potential buyer of encryption software, why not go with best - even if you can't take full advantage of the highest level TODAY. If I were selling Jaws, I would say "Well, we'll start you off with 156 bit today and, when it's legal, we'll automatically update you to 4096 or 16K+". Now I'm not suggesting that it's necessarily going to be that simplistic, but I hope you get my drift.

Regards

bbruin