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To: Hope who wrote (9711)2/25/1999 8:40:00 PM
From: Theo  Respond to of 10343
 
FWIW,
The current Bid price is what NATC was sitting on two days ago before the press release yesterday. Be interesting to know if NATC is supporting the price now even though they were not on the best Bid Tuesday. I'm still wondering why the spread tightened so much earlier this week leading up to the P.R.. MMs always know ahead of us investors when news is about to sprout and they usually have a inkling as to the contents well in advance of us. Except this past Wednesday. I have no doubt that the MMs were expecting "other" news and it didn't materialize. I can't imagine that they sat poised waiting to see if anyone was going to rush in and buy on the P.R. that was released. Not that it isn't good news...on the contrary, I'm glad to have confirmation that the website is still a priority, but, you have to admit, it was not something that the market was waiting for with baited breath. No,...I suspect that there is more to come even before the "numbers" are released and I believe the MMs were, and still are, anticipating that as well IMHO...

Theo;-)