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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (5840)11/12/1997 3:16:00 PM
From: Raj Ramaswamy  Read Replies (1) | Respond to of 31646
 
Well, the way I understand, it is EXECUTED closing bid. Not just the offer. So your sell order would still be open and hence NOT counted into the closing bid price for that day.

Raj



To: JDN who wrote (5840)11/12/1997 3:18:00 PM
From: Clayleas  Respond to of 31646
 
JDN, First off, obviously the ask would have to be sufficiently above 6 3/8. Secondly, I'm not sure that a limit purchase for 100 shares would be sufficient as the MM might execute that right away. However, a limit buy for 1000 or more shares at any level above 6 3/8 might do the trick. Just be aware that if there is a gorilla out there who wants the bid at 6 3/8 or below, you don't stand a chance.

Jim


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