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Non-Tech : Ashton Technology (ASTN)

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To: Libbyt who wrote (3225)	1/29/2000 2:47:00 PM
From: Libbyt	Read Replies (2) of 4443

More from Barron's article... >Even though the proposed central limit-order book is still little more than a gleam in the SEC chairman's eye, institutional money managers already complain that it has gotten harder for them to execute big buy and sell orders at the prices they want. They complain that day-traders watch the markets constantly, and have learned to spot the signs that signal a big order moving in, no matter how surreptitiously. The day-traders try to pile in or out of the stock according to the direction of the order, running prices up or down. That's bad news for the harried institutional manager< I really enjoyed this particular section of the article! Libbyt

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