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Technology Stocks : uniView Technologies - UVEW

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To: Jon Tara who wrote (4912)8/13/1997 11:41:00 AM
From: Chuck Hekman   of 6895
 
Jon (Tara), you seem to know a lot about this stuff. Maybe you can answer my question. There have been major fluctuations within both the bid and the ask sizes. My guess is that this is only the result of several different MM's being involved and that at least 2 of them are on opposite ends of the spectrum in terms of the amount of shares they can handle in any one transaction. The fluctuation comes in when MM #1, who can only handle 1,000 share transactions has its bid beat out by MM #2 who can handle 15,000 share transactions, and visa versa. Am I close on this one or are there other things going on here?
Thanks in advance. Chuck Hekman
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