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Technology Stocks : PRI Automation up 30%

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To: Scott Maxwell who wrote (65)8/3/1996 11:06:00 PM
From: Carl R.   of 193
 
I guess that I agree that spreads will be bigger in thinly-traded
stocks like this, but I happen to think that 1/2 is a big spread, and
1/4 is normal. I have traded in other stocks with lower volume than
this one which have spreads closer to 1/2. I have never seen a
spread of 1 1/2 before looking at this stock.

In any case, the article goes a long way towards explaining the
interday trading in this stock and the wild swings in daily prices.

I do own a small amount of this stock that I bought at 24, but I
probably will invest my other money in other places until the
market in this stock becomes a bit more competitive.

Carl
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