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Technology Stocks : Jimbo's Playhouse/CPQ

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To: Jimbo Cobb who wrote (1037)5/6/1999 8:47:00 PM
From: rupert1  Read Replies (1) of 12662
 
Jimbo: Have you ever been involved with a stock with such low volume as LPGL? In London, sometimes there is zero volume for an hour or two, and rarely more than the equivalent of 1-3,000 ADRs in the time between 9 a.m. and 2.30 p.m. BGT (or 9.30 a.m. EDT when the NASDAQ opens).

The spread is also unbelievable. Yesterday when I put in a buy at $25 1/4 the Ask was actually $25 3/4 yet I was filled instantly at 25 1/4, even though the spread never changed on the records. It certainly looks like there are funny games going on.
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