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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (30988)	12/18/1998 3:00:00 PM
From: chickenman	Read Replies (2) \| Respond to of 119973

CMGI... how do they do such a large spread... 97 7/8 bid... 98 3/16 ask... seems like all people with ARCA or SOES with direct execution would buy at the BID price and sell at the ASK price all day long... making at least 1/4 point... 1000 shares would yield $250 per trip... do that 10 times today and voila... easy money... so why such a large spread in the bid/ask... and anyone doing what i just described...? chickenman

To: TokyoMex who wrote (30988)	12/18/1998 3:04:00 PM
From: StockInsider	Read Replies (1) \| Respond to of 119973

Well, I still haven't gotten any since 12/8, but I figured I'd give you a break and just bear with it until I sign up semi-annually with my new EM! :)