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Technology Stocks : Intel Corporation (INTC)
INTC 50.00+2.6%9:47 AM EST

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To: nihil who wrote (63086)8/22/1998 12:43:00 AM
From: Gerald Walls  Read Replies (1) of 186894
 
I think it is a scandal that only half of the Dow 30 opened on the open today, while everything in NASDAQ opened as always. I think it is high time to replace the specialists with computers.

Daily occurrence. Specialists (NYSE/AMEX) don't open a stock until they get a balance. Market Makers (NASDAQ) just bang the price around a bit and start trading at the open with no attempt to stabilize the stock. Delaying the open results in less volatility.
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