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To: steveK. who wrote (1841)	1/23/1999 9:49:00 PM
From: Rob29	Respond to of 5300

I use DLJDirect and they don't allow stops on OTC stocks. I don't know if it is a DLJ thing or OTC thing. Rob

To: steveK. who wrote (1841)	1/23/1999 9:55:00 PM
From: Larry Levine	Read Replies (3) \| Respond to of 5300

Regardless of whether you can or not, you absolutely DONT want to use a stop loss on a BB stock because the MM's can take the price down ANY AMOUNT THEY WANT just to pick up your shares, especially if its a low volume day and there are no market orders to fill. Have you ever looked at the one-day chart for a volatile BB stock, especially the first 15 minutes after the open, and seen these huge spikes in both directions? Those are usually caused by market orders (spike up) and stop loss orders (spike down) that were place before the open. Of course, WCTI hasn't had any real low volume days recently, but you never know. Tom, I feel exactly like you do; I was up 265% on a stock last year and ended up selling for a 50% loss last month because I was greedy AND afraid I'd miss the boat. The only difference is that WCTI has so much more potential than any other stock I've ever been in, that I sometimes forget its a BB stock. The only way to play it is to watch it closely with real-time quotes; if I had the time I'd sign up for a level II package and watch it all day, cause that way you can see the trend before its too late. But I'd never get any work done!