Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.96

-2.7%

3:59 PM EST

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To: .com who wrote (11347)	9/10/1997 11:10:00 PM
From: N4ZQ	of 61433

Scott, MS is only one of many marketmakers in this stock and lets say for the sake of discussion there are 20 asnd mm. Each mm lists a bid and offer price and all these bid/offers show up on a computer terminal, stop into your broker's office and ask to see it. The lowest mm offer is most eager to sell(to you) and highest mm bid is most eager to buy(from you). Generally speaking, their quotes are good for 1000sh and orders up to this amount get executed automatically through soes. To answer your question directly, there is no way to know for certain that a particular 500,000sh trade was done by any mm in particular. You can only make an assumption that the mm with highest bid/lowest offer is doing the business....unless of course, you happen to be the MS trader and are posting on this thread. (ggg)

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