Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (4354)	10/9/1998 11:22:00 PM
From: Tim McCormick	Respond to of 9236

Bill, we're into a period of illiquidity where the MM's capital has been impaired. All the thinly traded microcaps are trading at huge bid/offer spreads and prices can be moved with a thousand shares. Yesterday I saw the bid drop 25% on a 1 Bill. in assets regional bank on a 1000 sh. sell order. Today, stocks like ECILF with a few hundred Mill. in cash, no debt, 46 consecutive quarters of earnings growth ,a 5 yr. avg. earnings growth rate over 20%, and positive management forward guidance- dropped to 10 times earnings. Anything goes nowadays, try to buy 30-40 thousand shares and see what happens. Tim