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Post# of 89565
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Re: New_Investor post# 1153

Wednesday, 03/07/2001 9:46:03 AM

Wednesday, March 07, 2001 9:46:03 AM

Post# of 89565
Level II shows one big thing. Solid bid support @ .05. There are 10 MMs at .05 or better. That means the downside risk is minimal. It would more than likely take a lot of selling to push it below .05. On the ask however, it is much different. Virtually every MM is on the ask at a higher level than the previous which means with any buying, it will not have the resistance to move upward. Only 4 MMs on the ask from .10 right now. That is how I read the Level II for ASAT.

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