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Technology Stocks : Avalon Group, Inc.

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To: Chad Beemer who wrote (168)1/27/1998 1:10:00 AM
From: Eric Fader   of 1530
 
Claudia -- I'm aware of some stock that traded in the middle of the spread last month. The MM moved his bid up to .24 to take some in, then sold it at .27, if I remember correctly. Similarly, with the spread at .20-.27, a buy order at .24 or .25 might induce your broker's MM to bid .21 or .22 to try to take in shares to sell to you. But if no one sells to him, you probably won't get filled. Be a sport and pay the .27 [g] .
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