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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 87.54-4.0%2:07 PM EST

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To: John Walliker who wrote (32038)10/13/1999 5:15:00 AM
From: Bilow  Read Replies (1) of 93625
 
From ISLD book, most recent trade was 73 1/2 at 19:52:40

Currently quoted at 71 x 73 1/2

100 shares to buy at 71
285 shares to sell at 73 1/2.

If the ISLD print was for less than 100 shares, it doesn't have to be reported to the Nasdaq, that might explain why the ISLD most recent trade isn't showing up. (Maybe it was a print for 15 shares...) In any case, anyone buying the stock at above 73 1/2 could have gotten it cheaper from ISLD.
island.com

Pretty illiquid, as is normal for night, but a little downward movement. Incidentally, I've seen way out of the money ISLD orders remain on the books well after the market opens in the morning. This provides an opportunity for arbitrage profits. I take advantage of these when I see them. Maybe it would be a good idea to go around looking for them during the night before one trades. (But I should be working or getting some sleep.)

-- Carl
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