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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!! -- Ignore unavailable to you. Want to Upgrade?

To: Ralph Bergmann who wrote (307)	4/7/1998 2:19:00 PM
From: Bob Davis	Read Replies (2) \| Respond to of 601

Ralph, Have you actually looked at other stocks which were recommended over there on that board, and researched them to see what subsequently happens? I have not. Re your question, "do you think institution would buy such a huge amount of shares within half an hour?": First off, this probably only represents about 200,000 shares actually changing hands, because of the inherent double- and triple-counts resulting from the way in which NASDAQ counts shares traded. Secondly,I don't think that one institution did this - probably a couple of institutions had TASA on their "watch lists" and they all tried to take positions when they saw that it was moving. "Tokyo Joe" added a bit of fuel to the fire at 9:59 and "kabloom".... I hope to have trading records later tonight or tomorrow and maybe I'll be able to comment more intelligently then... Bob Davis The Napeague Letter napeague.com