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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: mark silvers who wrote (12193)	4/23/1998 10:46:00 AM
From: Alan Vennix	Respond to of 20681

RT bid/ask has been 4 1/4 x 4 7/16 for some time now, but all recent trades appear to be buys at 4 7/16. Volume now 50,400. Nothing has gone through at 4 1/4. Alan PS - Sorry. At 54,900 shares traded, there has now been a trade at 4 1/4, albeit not a very large one.

To: mark silvers who wrote (12193)	4/23/1998 10:47:00 AM
From: Tom Frederick	Respond to of 20681

Mark, Yes absolutely. What I was saying was that SI may be 15 or 20 minute delay for high volume, high profile stocks, it may not be the case for Naxos. Like I said, I was on the phone with him a good half hour after the open and he already had 21,000 shares showing, while SI still had 0. So it seems to me anyway that the delay is even more than 15 or 20 minutes. Based on the last two days, the only way to really know what is going on is going to be to get real time quotes. I am of the opinion that a good healthy percentage of this trading is "Someone must know something" trading. The fear of missing the boat so to speak. Let's let real news tell the story. And let's hope something comes soon. Don't get me wrong, the price rise is great, I just hate to see "false" runs and then a back off when someones assumption doesn't pan out. Regards, Tom F.