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Microcap & Penny Stocks : PINC - Planet City -- Software and Services -- Ignore unavailable to you. Want to Upgrade?

To: DADEPFAN who wrote (609)	9/24/1998 11:39:00 AM
From: Robert Ague	Respond to of 1754

I have no clue. Probably people still selling short. If the stock price holds above .50, the support is good. If it ever breaks below 0.50, there will be a freefall to some newer, lower base. Right now, one could buy, and probably sell Fri or Mon at above 0.70 and make a nice little return. Small swings for now, but what the low end of the base. Rob

To: DADEPFAN who wrote (609)	9/24/1998 12:02:00 PM
From: Sequoia Holdings	Read Replies (2) \| Respond to of 1754

DADEPFAN, Here is a good example of what we were talking about. Yesterday the last transaction was someone buying shares from a MM for the ask price of .75. This morning someone decides to sell to the MM for the bid price of .60 and all of a sudden PINC looks like its down %20. MMs make a really nice profit when the spread (difference between bid and ask) is wide. I see now that the spread is a more reasonable 5/8 x .687. On suggestion is to make sure to use a quote service that shows the bid and ask. www.freerealtime.com does this and its free.