Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Novartis -- Ignore unavailable to you. Want to Upgrade?

To: Doug who wrote (107)	11/12/1997 6:11:00 PM
From: Tom Wilkes	Respond to of 296

Hi Doug, I'm afraid I can't answer your trading question. While I have done occasional online trading for someone else in my family, I don't have such an account. Ask me how, and my answer is "I call my broker." Again, however, Novartis does trade as an ADR on our exchanges, and should have minute by minute prices (have you tried looking it up at Researchmag.com ?), but it is not a stock subject to great price swings. You shouldn't have any nasty surprises. Have you visited their website?

To: Doug who wrote (107)	11/13/1997 10:39:00 AM
From: Valueman	Read Replies (3) \| Respond to of 296

Doug: I am a long-time holder of Novartis via Ciba-Geigy. I have real time quotes, but NVTSY is not traded normally. At the open, you get a bid/ask based on the price in Switzerland. You don't see the individual trades ever, only a summary open, high, low, volume at end of day. The bid/ask is usually adjusted once a day, but some days it is blank. When I place an order, I call my brokerage and ask them to call the trading desk to get a true bid/ask--it can be vastly different than what is posted. Don't trust the broker's bid/ask quote. Like I said, it is the same for most of the day, and not correct most of the time. He will quote what he sees on his screen. Make sure to pressure him into calling the trading desk--most are reluctant to do this. The only true bid/ask has to come from the trading desk. I hope this leads you to excellent fills! There is a big volume in the stock everyday, so don't be afraid to put limit orders in.