BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR Message Board

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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

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To: moose100 who wrote (120)	1/21/1999 3:54:00 PM
From: Patric	of 954

If there is anyone out there who TRULY knows how MM's work, I have a question about something I just observed going on with KLOC. Bid was 9 1/8 for 1 contract, ask was 9 3/16 for 50 contracts. Sale went through at 9 1/8. Now bid was 9 1/16 for 1 contract,with ask still at 9 3/16 for 50 contracts. Is this what is referred to as a market-maker "walking" a price down? Does it suggest anything at all? #B~\|>

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