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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Richard B. Haenisch who wrote (4173)	6/8/1998 11:26:00 AM
From: Craig K	Read Replies (1) \| Respond to of 10343

FSCO watch: 2.81-3.81... Still way out of play on the ask side...doesn't want to go more short..If he covers here, he made a killing and he is gone.... Craig

To: Richard B. Haenisch who wrote (4173)	6/8/1998 11:27:00 AM
From: RocketMan	Read Replies (1) \| Respond to of 10343

Think of it this way. The MMs need cheap shares. So when they post a bid, all they are saying is "would anyone sell us a share at this price?" If someone does, then they lower it more and again ask "would anyone sell us a share at this price?." That is all a bid means, it means nothing to the company's true value. Once they get all the cheap shares they need, to cover their short position, then the price will move back up.

To: Richard B. Haenisch who wrote (4173)	6/8/1998 11:28:00 AM
From: FawnVu	Respond to of 10343

MMs are giving us such good opportunity to buy more ... Looks like I have to break another Piggy for some changes ...

To: Richard B. Haenisch who wrote (4173)	6/8/1998 11:30:00 AM
From: macker	Read Replies (1) \| Respond to of 10343

what the mm's are saying with this type of action is that the news didnt show them anything and until the news comes out with more facts, they will try to give the impression that news was nothing and try to induce panic sell, dont fall for it. they liked the stock at 1.50, now they dont at 1.05? just games. when more comes out on this the stock will soar. remember the book value just keeps increasing. sooner or later the true value has to be accounted for. macker