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To: Rich Dee who wrote (5777)	4/22/1998 1:57:00 PM
From: John Melillo	Respond to of 10786

Well I guess that confirms one of the lawsuit issues. Intraday chart shows market makers trying to gap the stock down at opening and then showing strength in afternoon. This is a classic example of trying to make the stock look weak so that they can accumulate shares at a lower price. Stock opens at 16 13/16, they run it down to 16 3/8 at 10:05, then it comes back and trades higher than opening to 17 at 11:30 and settles close to opening price at 16 3/4. Day trading 101. The market makers make their money on the spread, don't be shaken out! What a coincidence that they may want to accumulate shares knowing that a positive earnings release is coming. See Robert Simms, that is how it works, not Gruder's doing!