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Technology Stocks : DSYS

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To: brodway who wrote (697)11/17/1998 11:17:00 AM
From: Mason Barge  Read Replies (2) of 770
 
Anybody else notice how much the spread has tightened? Bid/Ask is
1 9/16 x 1 5/8. I think this is a very favorable sign, not only that you can buy or sell stock with some hope of not getting hammered, but also, it means that there are actually private investors watching and trading it. The MM's wouldn't have tightened the spread this much unless there were other investors willing to split the spread. They were making too much money (albeit taking a lot of risk, which is not their business)-- I remember spreads of 50%!
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