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To: LUANNE CLAY-RUSSELL who wrote (4977)	6/24/1999 8:08:00 PM
From: Tai Jin	Read Replies (1) of 7382

Welcome to the nasdaq market. Just because you are the best ask does not mean that you will be executed. The inside ask defines the inside market for market buy orders. Those orders can be executed by market makers who are getting order flow. Let's say I put in a market buy from etrade at the time your order was the best ask. Well, etrade sells order flow to market makers (NITE, HRZG, maybe others). So my order would have been sent to one of these market makers and they would most likely fill my order without my order ever getting out to the market to hit your order. Using ISLD would not help you here unless there was more liquidity on ISLD. ...tai

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