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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Russell Gish who wrote (24671)	6/9/1998 9:34:00 PM
From: Brett Fleischman	Read Replies (1) \| Respond to of 34592

ITNF... Russel, I think we managed the MMs quite well today on ITNF. The key is to get a float low enough to keep us in control. No one was selling so they had to actually up the bid on several attempts to try to get people to sell them shares. I have never seen that one before. Usually they tank the bid to shake em loose. They tried that once and a new wave of buying slammed them. If we hold CORE positions in these low floaters, we will form a new base on every run-up and leave plenty more for the next day. The MMs have NO shares right now. Brett