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To: John Chapman who wrote (4811)	7/4/1998 1:46:00 AM
From: Michael Sphar	Respond to of 7491

I dunno, I guess he could have done it. But by my calcs he would have had to buy 83,333 shares at .13 (the day's low) and later sold at the day's high of .25. Both of which are highly suspect, since usually a Bid is normally the low and an Ask is the high. On top of that he'd have been 33% of the total day's volume assuming the round trip. Not the kind of numbers one would call "reasonable on the face of it". And the days prior to Thursday volumes were anemic. Hard pressed to have yielded up 80K+ shares in total at such a low price, course if what he meant was paper profits, well that's always just a conjecture. One has to meet the market and create a taxable event if one wants to be sure.