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To: RockyBalboa who wrote (14184)	2/23/2000 11:44:00 PM
From: The Vet	Read Replies (1) \| Respond to of 16892

Has anyone else noticed significant drops in portfolio values at the close recently? It seems to me that for some reason the closing bids on a lot of NASDAQ stocks are much lower than the "real" closing bid and several points lower than the last trade. It seems that this has only occurred recently and I think it has something to do with the way bid and ask at the close are recorded now that after hours trading is common. While I do believe quoting your portfolio prices at the bid rather than last sale may provide a more accurate (and conservative) evaluation of it's worth the use of these way out figures can distort the real portfolio value and as a result change the buying power substantially. This huge widening of spreads at the close(the ask usually goes up to a silly number as well) used to only occur on NYSE stocks but now it seems to be on all stocks. The only solution I can see is to use the last sale price. At least that seems to be accurate.