The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: Patrick Sharkey who wrote (18734)	10/21/1998 3:05:00 PM
From: Craig Stevenson	Read Replies (1) of 29386

Pat, <<What does it likely mean when 1/32 separates the bid and ask, as opposed to the much wider spreads often seen from time to time?>> It could be due to the fact that today is Fibre Channel day. <g> Message 6105061 Seriously, in my experience, the small spreads are usually due to instinet traders trying to buy shares a little higher or sell shares a little lower than the market makers. We also tend to see 1/32 increments on smaller dollar value stocks. Craig

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