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Technology Stocks : LSI Corporation

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To: uu who wrote (10460)3/3/1998 2:44:00 PM
From: Mark The Trader  Read Replies (1) of 25814
 
Addi,

Your question can be answered by an example:

40 X 40.25

Bid size = 10 ask size = 40

This means that there are currently 4000 shares for sale at $40.25
but only 1000 share to buy at $ 40. In the auction market this means the specialists are looking to match up buyers and sellers. This bid size , ask size is not a true indicator , because not all buys and sells are posted in that number. Dont try to read into this to much ,
If the stock is very heavy on this ask side you will usually see the ask drop so that buyers can be matched up . What you see or get from your broker for a quote is only the current bid /ask , there is a lot more that you cant see unless you have a bridge terminal(or other broker type terminal) , on that you can see all that is currently posted for bid ask at different prices . The key word is posted , its kinda like showing your hand in a card game :-]

Mark
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