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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.730-1.4%Jan 9 9:30 AM EST

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To: Scott H. Davis who wrote (7699)1/4/1998 11:29:00 PM
From: Bob Jagow  Read Replies (1) of 14328
 
Scott,
I see that Keiko has answered you--note 5x5 is 500 shares, not 5000, but the 40x80 was right.
Note that the Bid x Ask only indicate the largest sizes offered at those prices; there may be other MMakers offering the same or smaller sizes at these prices as well as a variety of less-competitive bids and asks.
Many serious daytraders subscribe to Level II NASDAQ in order to see these additional orders, but the monthly cost for this, including a $50 NASDAQ fee, is about $200 more than regular RT.

One of the level II offerers [ elitetrader.com ]
has a free tutorial re how the sizes affect price movements.

Bob
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