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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: M. LaMancha who wrote (33698)	4/29/1999 4:58:00 PM
From: If only I'd held	Respond to of 122087

If I could print out my level 2 screen, you would see that Volp is bottom bidder and best ask. It was that way pretty much all day for 2 days in a row. He shows small asks and dumps huge quantities on it. And then he moves it down. Once in a while, he shows up with a bid for 100 shares and that's all he buys. We were had.

To: M. LaMancha who wrote (33698)	4/29/1999 5:19:00 PM
From: John Bissell	Respond to of 122087

I don't know cummulatively how much Volpe dumped, but I did see a number of sell orders for under $6 on my level 2 screen. The volume wasn't huge for each ask (few hundred shares), but the fact that they were even on the sell side kinda ticked me off. Others may have the actual data on how many shares they sold since the recommendation. For the record, here is a copy of the email I sent to Volpe. Will forward any response I get. Perhaps there is a good explanation for there good eval on Sonic and why they were selling at the same time, but I need to hear it from them. << Dear Mr. Rogers: There is a great deal of concern among shareholders over the recent activity with respect to SNIC's share price following Mr. Charlie Finnie's recommendation on the company. Specifically, what we shareholders see is a glowing recommendation on the part of Mr. Finnie and your firm, only to be followed by extensive selling on your firm's part of the stock. One can perhaps understand a bogus research report, but when it is followed by selling on the part of the firm that issues that report, it brings into question the motivation behind that report. If I am incorrect in my assumptions, I would be glad to be corrected. But from where I stand, and a number of fellow investors agree with me, this looks like a classic "pump and dump" situation. I can't believe that a company such as yours would sacrifice its reputation for such a small financial gain. I would be happy to circulate any evidence to the contrary. >>