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To: Secret_Agent_Man who wrote (16530)7/1/1998 12:15:00 PM
From: Henry Volquardsen  Respond to of 50264
 
The bid offer is wide because of the illiquidity and riskiness of the stock. Not because there is such huge demand for the stock that you must pay a premium. If there was such demand the bid would move higher as well. The width of spread is a reflection of illiquidity and volatility.