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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Glenn D. Rudolph who wrote (22183)11/9/1997 1:52:00 PM
From: fiberman  Read Replies (1) of 61433
 
Glenn, when a MM shows 20X40 size, does that mean that they have 2000 shares for sale, and want to buy 4000 shares for real customers? In another word, are they matching buys and sells with customers, or do they buy for their inventory & unload later on to customers, and vice versa. Thanks in advance for your answer.

Maloxman (Formerly Fiberman)
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