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To: Rich Scharf who wrote (20824)5/22/1998 1:02:00 PM
From: Alan Coccio  Read Replies (1) | Respond to of 34592
 
Looking bad right now. One market maker (FRAN) held it down and kept undercutting the ask price. Sells starting to come in.



To: Rich Scharf who wrote (20824)5/22/1998 1:11:00 PM
From: Alan Coccio  Read Replies (1) | Respond to of 34592
 
It's coming down now...I sold at .15 and will wait till it hits bottom and then buy back in. One market maker has this power. We see it all the time. Same thing on MIDLW...HJMC is holding the ask price at .31 and will not let it move.