IATV-ACTV Digital Convergence Software-HyperTV Message Board

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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: Jerry Rockwell who wrote (3796)	5/18/1999 11:08:00 AM
From: Mike Fredericks	Read Replies (1) of 13157

Anyone else here watching Level II action? I'm using Tradescape and first off, they are double-reporting every trade. Secondly, it seems that there is just loads of stock sitting on the ask constantly. As soon as it gets bought up the ask jumps a notch and more loads of stock appear for sale. When sells occur the bid drops reasonably quickly. I'm seeing many many more buys than sells, but the stock price isn't moving up. One would think that if there was so much demand out there for the stock, the MM's would let the price run up. But I've only followed Level II for the brief Tradescape free trial. If anyone who follows this stuff more often can shed some light on the situation, I would greatly appreciate it. -Mike

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