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To: brad greene who wrote (2152)6/19/1998 5:50:00 PM
From: dealmakr   Read Replies (2) | Respond to of 5847
 
Brad,

There are buyers out there. Thats what it means. It doesn't take much buying to move this one anymore. Look at the trading today. Just before that spread widened up it was bid .23 ask .255 and someone sold 10k at .23. The bid drops to .22 and the ask goes to .27. Please remember that a .05 spread is a sucker spread. The real strength is in the bid price as thats what you can sell it for. Those MM's can make a lot of money selling and buying with a nickle difference in this price range. Watch for the spread to tighten up especially the bid to rise if there is support here. We have to be close to something, I can feel it in my gut and its not heartburn. Looks like we may get another shot of breaking .28 soon.

Dave