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To: Street Walker who wrote (738)	7/5/1998 9:11:00 PM
From: Eski	Respond to of 1729

BTW watch this one tommorow I subscribe to Business Week On-Line and they come out with a stock recommendation every Thrusday night, 80 to 90% of the time they go up the next two day's or so. Ken Wolff has mentioned this and has made thousands on Business Week Play's ride then for the gainer and then short them. "The stock of Wiztec Solutions (WIZTF), whose chief software product is named Wizard, hasn't been a super whiz. Not yet, anyway, says one New York money manager who started accumulating stock when it sagged 25% to around 9 in early February. The stock has edged up to more than 11 on June 30. He thinks the price is set to take off. Wizard software, already in use in the U.S. and 13 other countries, incorporates billing systems for the cable TV, pay TV, and digital broadcast satellite industries. Using seven languages, Wizard is in 100 such operations worldwide. The money manager thinks Wiztec will draw attention as it signs up more high-profile customers. Current customers include Bell Atlantic and Deutsche Telekom. It has formed a pact with Cincinnati Bell Information Systems (CBIS), which has acquired a 20% stake in Wiztec. Apart from Cincinnati Bell, Formula Systems, an information-technology company, owns 43%. As part of its purchase of a 20% stake, CBIS has the option to buy much of Formula's stake, to give it a 51% ownership. Meanwhile, Wiztec is talking with other Baby Bells and cable providers, including Time Warner, for more strategic alliances. Vivek Rao, technology maven at New York investment firm Gruntal, is high on Wiztec: ''As it gains increased visibility in its markets--and from its 30% growth rate--Wiztec will catch the eye of the big institutions,'' he says. Rao says the company is starting to see a pickup in business. Rao figures revenues will jump by 40%, to $16.9 million, this year and by a further 45.9%, to $24.6 million, in 1999. And he projects profits will grow 38.2%, to 47 cents a share, in 1998 and 34%, to 63 cents, in 1999." BY GENE G. MARCIAL Eski --------------------------------------------------------------------------------

To: Street Walker who wrote (738)	7/6/1998 1:35:00 AM
From: Rick Faurot	Respond to of 1729

Street- Good post. Couldn't have said it better myself. Rick

To: Street Walker who wrote (738)	7/6/1998 2:03:00 AM
From: funk	Read Replies (1) \| Respond to of 1729

You might be more than half right.... Level II also helps one determine how much support and resistance there is at a given price. If I bring up a screen on a stock and see 1 market maker at the bid and 15 at the ask, that tells me there is a lot of resistance and little support. Market Makers are lined up to sell. Its a useful and needed tool. I have found at times that just the opposite is true. The MM's all line up on the offer and just when the bid is surely going to cave, up we go. It is hard to use sweeping generalities,when so many variables exist. Level II behavior is subject to the stock, the time, the news, and most importantly if the MM's are short or long. I use level II on every nasdaq trade, but they always take the back seat to the charts. The charts are my indicators, the level II is just part of the execution system. my $.02 funk (c :