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To: Charliss who wrote (9610)9/29/1998 3:26:00 PM
From: gamesmistress  Read Replies (2) | Respond to of 14347
 
If I had bought at say .18 to .50 I would have been selling long before now too. Do you have any idea about the action today, though? It could be:
a)MM shareout
b)news coming and its not good
c)news not forthcoming and someone got tired of waiting

Actually, that could be more than one someones....3 MMs had sizable ASKs. And the b/a dropped to 15/16 - 31/32, with a lot going off at 15/16.



To: Charliss who wrote (9610)9/29/1998 3:32:00 PM
From: Charles T. Russell  Respond to of 14347
 
The overall market took a short term dive south when the fed announced the .25 interest rate cut. This may be the move down we discussed earlier.