Credence (CMOS): Anyone out there Message Board

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Technology Stocks : Credence (CMOS): Anyone out there

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To: L.B.Nguyen who wrote (292)	2/18/1998 12:13:00 PM
From: Mason Barge	Read Replies (1) of 497

<<I had an order in for 1500 shares @ 28 1/4 for all morning since open. There were tons of shares traded at 28 1/4 but MMs wouldn't even give me a share.>> 3 possible reasons: 1) Who's your broker? If that much stock is being traded, a decent broker will bypass the MM's and hit your trade direct. If you really want the shares, put your order in at 5/16 and the new trading regs will get your shares for you. 2) If you're between the current bid and ask, were you AON? That can stop it if the MM ask is a 1000-share block. 3) Could be that you're just last in line if you're at the ask. Again, if you're watching it and it's not trading, don't get greedy, give them the extra 1/16 to get your trade done. You ought to see your shares appear as the ask and you'll be at the front of the line at that price unless they push it past you, which is doubtful on such a strong volume

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