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Microcap & Penny Stocks : CTIG -- Ignore unavailable to you. Want to Upgrade?

To: Madeleine Harrison who wrote (32)	3/17/1999 12:51:00 AM
From: Eric Fader	Read Replies (1) \| Respond to of 319

Mads - I believe virtually all of the shares that traded at the offer the past 2 days (at least those sold above .29) were sold short, and there haven't been very many people helping the MMs cover. With a thinly traded stock like this one, the MMs never want to hold any inventory -- it's too risky -- so they sell stock first and buy it back second. If a MM sold stock short at .34, he's not going to want to pay more than .34 to buy it back. At this point, the volume of traded at the ask in the .39-.41 area hasn't been high enough to force the MMs to bid higher than .34 to cover, but a few more buys tomorrow and it could start to get interesting. I've been told that there's a strong possibility of another news release in the next week to 10 days. Did you get any sense of that when you spoke to the company?

To: Madeleine Harrison who wrote (32)	3/17/1999 9:27:00 AM
From: Madeleine Harrison	Read Replies (1) \| Respond to of 319

Quick overview and I'll be back in a bit after the open with a few tidbits on conversation with company yesterday: Address: 2550 Eisenhower Avenue Norristown, PA 19403 Phone: (610) 666-1700 Fax: (610) 666-7707 Speak to corporate sec'y Mary Ann Davis Investor Relations info. Shares outstanding: 7.38m Insiders bought heavily in '98 They now own 42% of the company For Insider transactions, see: biz.yahoo.com Company is fully reporting and year end is March 31. They have recently switched to a large, well-known accounting firm who will be handling the upcoming audited 10K Web site: ctigroup.com Email addresses available at the site.