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Politics : Ask Michael Burke

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To: wiz who wrote (62363)	6/15/1999 1:12:00 AM
From: Peter Goss	Read Replies (1) of 132070

Mark - The explanation is the market makers. Your asking price had to meet a market maker's bid not a public bid (that's not supposed to be the case but it happens all the time). The reverse would be wanting to buy and not hitting the market maker's ask. Very different from the auction on the NYSE. Much room for the MM's to take their little bit of juice. Peter

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