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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST

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To: carl a. mehr who wrote (41574)12/5/1997 3:22:00 PM
From: Charles Skeen  Read Replies (1) of 186894
 
Re: <<<Yes, I am counting my pennies.>>>

Penny-wise and Pound-foolish!

I believe that most traders in NASDAQ stocks get hosed by the market makers because of the wide bid-asked spreads. An academic study last year proved this, though NASDAQ at first denied it. Later though NASDAQ relented and promised to institute reforms. Maybe INTC would get more respect, and a higher P/E, if it listed on the NYSE. I, for one, and a great many other investors would prefer to buy a NYSE-listed stock, vs NASDAQ.

Charlie.
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