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Technology Stocks : ISDN - GlobalNet Systems -- Ignore unavailable to you. Want to Upgrade?


To: Alex Sharp who wrote (97)6/1/1998 10:53:00 AM
From: Lane Hall-Witt  Respond to of 227
 
If we start seeing games with the b/a, just remember that Mr. Roth has said that this is a tightly held stock with a very small float. See message #9 on this thread. Float is 2.5 million; effective float is about 200,000 based on what Mr. Roth knows about the investors. (No further explanation of that offered, and I haven't asked about it.)

It's not likely the MMs will get far playing monkey games with this one: remaining shares should soon land in strong hands. We're in a position of strength here.



To: Alex Sharp who wrote (97)6/1/1998 10:53:00 AM
From: Dave Gore  Read Replies (2) | Respond to of 227
 
ISDN will be at $5-10 per share IF people buy this on future potential

The year high WAS $4.87

The stock could not hold those levels as news and the MM's in this stock took it down on low volume and shorted it.

IF we get exposure and if the volume picks up...the could be an explosive stock. It is grossly undervalued, IMHO.

NOTE: The MM's in ISDN play spread games. Don't let it bother you...just look at the last trade and put in a limit order appropriately. Typically they drop the bid whenever volume slackens off. As long as people do not fall for their attempt to make the stock look like it is weakening (which it is not), then the Bid and Ask go up. B/A will tighten if we get conistent volume. Even if we don't we should go up from here. PNEC was a similar stock that the MM's traded down on low volume. It finally doubled almost overnight. This one could do lots more than that.



To: Alex Sharp who wrote (97)6/1/1998 11:11:00 AM
From: Dave Gore  Read Replies (3) | Respond to of 227
 
I HAVE NOTIFIED BRIEFING.COM on ISDN