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Technology Stocks : The Panda Project (PNDA)

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To: James Nephew who wrote (763)1/25/1998 6:40:00 PM
From: Mama Bear  Read Replies (1) of 1521
 
>>>My datek account shows the Bid for PNDA at 7 9/16, the Ask at 6 3/8 and last sale at 6 1/4. PCquote, on the other hand shows the bid at 6. What kind of moron bids over the ask? <<<

Datek quotes are screwed up this weekend, I've seen several mistakes already. Disregard them.

As far as your second question, it happens every morning. The bid/ask is often crossed (happens so often there's a word for it). To continue your car analogy, the ask price is left over from the previous session. It is like a sign that says "Car for sale $12000" but there's no car or seller. If you really want a seller to bring in a car for sale, you put up a sign that says "I'll buy for $14,000".

Barb
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