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To: Jonathan S. Feingold who wrote (5446)6/1/1999 8:47:00 PM
From: Michael Graham  Read Replies (2) | Respond to of 6545
 
The Ask is still over $1.75 and the volume is very light. I think $1.50 is a few weeks away at best. I still have some money sitting idle waiting for the price to drop under $1.75. I feel that's a good safe price. It shouldn't go too far below that, and if it does go down to $1.50 it usually bounces back up right away.

It would be nice if we had some kind of time line or schedule of when this new Plus System was planning to be launched. It could be 3 weeks or 3 months.

Mike



To: Jonathan S. Feingold who wrote (5446)6/2/1999 8:16:00 AM
From: The Devil Dog  Read Replies (1) | Respond to of 6545
 
Johnathan, If you think its that easy then
why don't you try and do it!!!! And be
honest and tell us how it works out. It is not as
easy as you think! MM don't always do what you
want them to do, and that includes buy your stock
when you want to sell it and selling you the stock
in any quantity when you want to buy it.
I know this cause I trade daily on many other
stox, that have a much higher volume, and it sounds
good on paper.

May I suggest to people that want to try it remember
the tax implications, it may work! more than likely
the MM makes the money cause you end up chasing it
when they see you want volume on a low volume stock,
and your no further ahead.

Good long term investors will look to invest more at
these cyclical lows and be patient for the real payoff
instead trying to out smart a MM, the odds are in their
favour.

Best regards

WB



To: Jonathan S. Feingold who wrote (5446)6/7/1999 1:51:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 6545
 
Anyone talk to Kevin lately? Is the Conference Call going to happen this month?