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Technology Stocks : PairGain Technologies

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To: serendipitymike who wrote (28198)1/27/1999 9:02:00 PM
From: Sunny Halsted  Read Replies (1) of 36349
 
Michael--

1st, I assume your order went in after the close for tomorrow. If it was a DAY order put in before the close TODAY, and was not executed, then the order is dead. If you put the order in after the close [or before the close and had it a GTC {good till cancelled} order] and the stock is bid under 10 3/8 on the opening tomorrow, you should be executed in the 1st 30 seconds after the market opens somewhere in the range of bid prices for that time whatever price the bid may be. That means that if in the 1st 30 seconds the hi bid was 9 3/4 and the low bid 9 1/4 you should be executed somewhere in between that range. Personally, if the order was not executed today, I would cancel it!!
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