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Biotech / Medical : ASTM-AASTROM BIOSCIENCES: STEM CELL RESEARCH

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To: pat w. who wrote (9)9/24/1997 2:23:00 PM
From: Fred Puppet   of 1084
 
[ No Not Datek ]


This specific order was through NDB, not Datek. The people at NDB are idiots, but they generally get marketable orders filled within a few seconds of the open since they use traditional market makers. At 9:28 ASTM was a cross market with 9 11/16 bid and 9 5/8 ask. I placed a limit sell at 9 5/8, but of course it opened at 9 1/2 and went straight down. Around 10:20 the price was back up and I got my fill. If it had opened at 9 5/8, I'm fairly sure NDB would have gotten my order filled. On the other hand, Datek usually cannot get an order filled from 9:30-9:35 since Island is so overwhelmed.

Are you still in ASTM?
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