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To: Joe Lyddon who wrote (5617)6/11/1999 11:27:00 AM
From: sdr  Respond to of 18366
 
JOE - my understanding is that a tight spread means buyers are bidding stock higher - MM's out of the way - a large spread means MM's trying to attract sellers buy dropping bid - putting a scare into weak owners resulting in MM's making more when they fill buy orders on the offer - DAVE - MM's or whatever backing and filling in a fast market is healthy - Elizabeth - speculation - of course it is