Aware, Inc. - Hot or cold IPO? Message Board

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Technology Stocks : Aware, Inc. - Hot or cold IPO?

AWRE 1.910

+0.5%

1:14 PM EST

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To: jghutchison who wrote (8542)	4/18/2000 12:24:00 PM
From: Scrapps	Read Replies (1) of 9236

"You won't get a fill in a fast moving market with a limit order." There is always a limit to what one wants to pay for a stock. Nothing prevents you from placing the limit up aways, but not placing a cap on your order price is just asking for it...IMO. Being at the head of the line (as we Americans call it) is not that important in comparison to over paying. Yesterday I spent a large amount of time on the phone with my brokerage. They said when orders come in and go to the floor (so to speak), they are processed in the order they come in at. If the limit price is below the current ask price it is held to the side until the price drops to the point of the limit order and then the order is processed. A former day trader? Hum. Never met one of them. <gg>

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