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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (7156)	5/19/1999 1:04:00 PM
From: T. Ambrose	Read Replies (1) of 57584

Rande I have a question that is embarrassingly simple I'm sure. When I see a bid size at 2000, say and an ask size of 5000, what exactly does that mean to me? Specifically I was noticing at one point a stock had a small bid quantity, but the ask was 27,500 (and its avg vol. is usually only 120,000 or so). So was there 27,000 that was looking to be bought? or was that quantity looking to be sold? Hoping to get educated, Teri P.S. I just realized the stock I'm referring to is our "Brilliant" one.

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