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Technology Stocks : America On-Line: will it survive ...?
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To: Melissa McAuliffe who wrote (11551)10/26/1998 6:08:00 PM
From: bazooka   of 13594
 
if you have after hours access (instinet) you can buy at 125 or sell at 120. spreads like this are standard for the after hours because of the lack of liquidity. furthermore, noone know what will occur overnight so risk is kept in check via the large spreads.

bazooka
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