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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (281)8/4/1996 2:29:00 AM
From: John Tais   of 132070
 
Mike, since you trade a lot of tech and biotech issues on Nasdaq,
I was wondering if you have any thoughts on getting the best
execution. Do you think it's worth the time and extra cost to
deal with a broker who puts your order on Selectnet? I've been
thinking about going that route but it wouldn't be any fun unless
there were others out there also looking to trade inside the spread.
I assume the big market makers avoid filling selectnet orders unless
it suits them since giving people good fills undercuts their business.
Got any comments? Sure would appreciate them. Thanks.
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