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To: Mr Metals who wrote (4361)11/27/1998 5:01:00 PM
From: Trumptown  Respond to of 5908
 
Metals...I'm only gonna tell you this once...ECHO

SR



To: Mr Metals who wrote (4361)11/30/1998 1:04:00 PM
From: Gordon Gekko  Read Replies (1) | Respond to of 5908
 
*** There have to be almost zero shares in the MM inventory. ***

I just placed a couple of trades and this is how they were filled.

On Friday, I placed a limit order for 50,000 shares at 0.032 and it was never filled. I changed that order to a limit of 0.035 and it was filled today.

Buy 50,000 .035 GTC 11/30/1998 at 11:13:00
Bought 50,000 .033 11/30/1998 at 12:32:00

It took almost an hour and a half to fill that order. The ask almost immediately dropped down to 0.03 after I placed my order and they still wouldn't fill it.

During this time I placed a market order for 5,000 shares and even that took a long time to fill.

Buy 5,000 MKT DAY 11/30/1998 at 11:54:00
Bought 5,000 .03 11/30/1998 at 12:31:00

Today we have higher than usual volume. I would suspect that the majority of it is trades between market makers. If anyone has level II can you verify this?

With this kind of trading the MM's have to be bone dry. If anyone else placed a trade today let me know how the results favored. All we need now is for Jeffrey to lay some good news on us.

GG