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To: Sai P. yandamuri who wrote (833)8/17/1998 6:04:00 PM
From: hman  Respond to of 6545
 
Technically, the stock is available to be purchased at the ASK price which is $.74 at the end of trading today. Also only 2500 shares are available at that price.

While the stock is re-trenching on profit taking and may fall more over the next couple of days. When you need to buy back in at substantial quantities (I assume that you are looking for 50K or more shares), the real question is can you move quicker than anyone else to acquire or will you get left in the dust as the price quickly goes to $1.00 and beyond. If you are able to move quicker than others, you are a much better trader than myself and most that I know. My hat is off to you in this regard.

My own experience last Monday was I was ready to purchase more the previous Friday at $.44 cents a share but waited until Monday morning. By the time I was able to execute a trade for 20K more shares, the ask was up to $.62. Fortunately, the ask went even higher over the next few days and I had already accumulated shares before that.

hman