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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: Paul Tran who wrote (72)4/14/1998 12:09:00 PM
From: Mark[ox5]  Respond to of 2752
 
TSQD is nothing like IFLY.

IFLY Is a travel agency that got hyped on 1 thread.. basically a newsletter. Then as it rose briefing.com picked it up and it got a lot of awareness.

IFLY is basically a travel agency with a 800 phone number and PLANS to go on the internet. Big deal.

BUt that is one way that many people play the marker (myself sometimes) follow the hype and then sell.

May I ask you who do you use for level II? And how do you learn to "read it"? Just trial and error? I dont have a use for it now as I work during the day but everyone who has it loves it... and wouldnt trade without it.

Thanks for your insight on the MM activity.

As for historical values Im sure they are all over the internet, but I got mine from American Online..

Mark



To: Paul Tran who wrote (72)4/14/1998 12:15:00 PM
From: Mark[ox5]  Respond to of 2752
 
"I saw only MMs on the bid side, no MMs in the ask side."

Sorry for the dumb question because while I know a lot about stocks I dont know diddly about Level II.

How can you not have any MMs on the ask side and still trade? Am I misunderstanding?

As for the stock.. I think this is a medium term accumulate. IF/when an IPO is announced on Digital River this baby will fly. Look at CMGI for a similar situation (but CMGI is much bigger and more diversified)

CMGI just invests in these little internet companies and holds part ownership. TSQD is the way to get at Digital River.

Yesterday was weird, someone got screwed buying it at $2.70. The power of MM's..incredible.

Thanks for your help!
Mark