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Microcap & Penny Stocks : Accelr8 Technology (ACLY)

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To: Michael Erickson who wrote (72)12/28/1996 10:07:00 PM
From: Allan Hyman   of 149
 
Hi Michael ...
200/200 means that the specialist will buy 200 at the bid price or sell 200 at the ask price. He reserves the right to alter the price (bid or asked) if greater amounts are involved. It's the specialists' way of keeping control and avoiding being "whip-sawed" in a wild market.

Good luck in '97.

Allan
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