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To: Richard Chowning who wrote (9329)	6/7/1999 10:00:00 AM
From: Richard Chowning	Read Replies (1) \| Respond to of 19700

Blast off!!! ---- Richard

To: Richard Chowning who wrote (9329)	6/7/1999 10:56:00 AM
From: LarryCPA	Read Replies (2) \| Respond to of 19700

Richard NASDAQ stocks do not trade like NYSE stocks. Each stock is handled by a group of marketmakers. They get together and make the trades. IMHO it is not as efficient as a centralized market, but these market makers often support a thinly traded stock. It is why I will NEVER use a market order on a NASDAQ stock. The sword cuts both ways though, I had an offer to buy ADFC since the IPO day at 22.5, when the stock collapsed lasdt week I got filled at 20!! But pity the poor seller who din't see my ibd.