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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: V$gas.Com who wrote (8694)	6/5/1998 3:42:00 PM
From: Lee Walsh	Read Replies (1) \| Respond to of 11850

bid coming up 1.03 3 at 1.02 they want your shares at these prices ....don't give them to them and you will be rewarded IMO Lee big 12,500 share buy at 1.05

To: V$gas.Com who wrote (8694)	6/5/1998 3:47:00 PM
From: Dixie7777	Read Replies (1) \| Respond to of 11850

Time to put in limit sell orders. 20,000 at 1 3/16ths. See if they are interested and move the bid up. If they do, then go and change to 1 3/8ths and so on and so on... Rich

To: V$gas.Com who wrote (8694)	6/5/1998 3:57:00 PM
From: Dixie7777	Respond to of 11850

Robert, The mm's will open the spread if they have difficulty in "predicting" demand, therefore direction. Usually the spreads will remain the same 1/32nd to 1/8th through most of the price ranges and change only because of conditions. 1/4 spread would be really unusual, not impossible. The tighter the spread the more sure the MM of the price direction. Remember he can see both forwards and backwards. That is, excepting Instinet orders, or other surprise daytrader orders. instinet's are the largest hazards from what I understand. Rich