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To: Daniel Miller who wrote (1627)1/22/1999 2:06:00 AM
From: Ginn  Read Replies (1) | Respond to of 5300
 
Daniel, if you have been watching this stock, then you should not sell. Even the momentum were very strong. I don't think this stock is really acting too fast. It was gradually increased the price. This morning I had tried to put limit order at $18 and asking price was 18 1/16. You know what? MMs did not give it to me. And raised the price to $18 1/4 after somebody took the offer price. So I had to take that $18 1/4. From all of this condition, I can tell MMs are all out of shares and they are afraid of shorting the stocks too because as soon as they shorted the stocks then the buyers coming to get it. So the only way to make money is to get the spread of bid and ask wider so that they can get some money. NO, the stock did not run too fast, with its popularity, this kind of gradual run up is very healthy and less risky for the investors. The way the stocks run just like INTC run so far. Only possibility is that sudden stock market drop in the morning and MMs will use the chance to drop the stock price to see whether investors will sell the stocks to them. But I doubt that is too risky for MMs too because turned out MMs may hold a lot of shorting stocks and force them to buy back at the higher price for the loss.

Good luck!!