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Technology Stocks : SYQUEST -- Ignore unavailable to you. Want to Upgrade?

To: Dale Stempson who wrote (6539)	6/4/1998 5:23:00 PM
From: Gary Wisdom	Read Replies (3) \| Respond to of 7685

Dale, what broker are you using? I'd be taking a bath trying to scalp 1/32. Let's see. 10K shares @ $1.50. That's $15,000. 1/32 is $312.50 Say you bought at the ask at $1.50. That means the bid would have to be 1 17/32 for you just to break even, not including commissions. I don't understand this strategy. Also, at Schwab, it would cost me $600 R/T to trade 10K shares. Obviously, I know that other brokers charge less, but I just don't see how this is a really good use of $15K. Please explain.