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Technology Stocks : Applied Magnetics Corp

APM 1.310

-8.4%

Nov 21 3:59 PM EST

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To: T Bowl who wrote (11112)	12/22/1997 9:12:00 AM
From: Don Earl	Read Replies (1) of 12298

Hi Todd, Have you or anyone else noticed or wondered about the strange spreads as soon as the market closes? When it happens there won't be a single share traded for the first 10-20 minutes of the next open. I called my quote service provider about it a few weeks ago when it happened, to see if there was something wrong with the server. They checked several sources and told me it had not opened yet. I sent an e-mail off to the SEC and got back the usual form letter. It is almost like they wait for a bunch of market orders to come in so they can pocket the difference. Any ideas? Regards, Don

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