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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (12866)	12/10/1997 8:14:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Brian, I checked the chart and it looks like a glitch. I used to get upset about this kind of error, but now just shrug it off. These are not unfrequent. GM

To: Proud_Infidel who wrote (12866)	12/10/1997 8:40:00 PM
From: 16yearcycle	Respond to of 70976

Brian, Any prices on us exchanges overseas? Curious about the quantum effect now. Hey, did they blame asia too? Gene

To: Proud_Infidel who wrote (12866)	12/10/1997 8:50:00 PM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

Brian, I suspect someone screwed up placing their order using a web brokerage program, but beats me how they did it! Rats and I wanted to buy those at $25. (And no, I don't consider this a confirmation of my low prediction. 8^) ) BB

To: Proud_Infidel who wrote (12866)	12/10/1997 8:56:00 PM
From: Murti Gajjala	Respond to of 70976

Brian, I too saw a low of $25 on Fidelity's quotes. Could it be that somebody exercised Calls with strike of $25 and the transaction reported as a sale by mistake? Murti

To: Proud_Infidel who wrote (12866)	12/10/1997 9:26:00 PM
From: Steve Byers	Read Replies (1) \| Respond to of 70976

NO SHARES TRADED AT 25, trust me... this is an extremely liquid stock and the only way for it to trade there is if THAT was the "INSIDE" price, ... specialists can only offer stock, on either side, buy or sell at the "inside" price, which is the cross between the lowest price offered and the highest price bid... and if there were a spread of more than a 1/4 point or so, the specialist would HAVE TO take the other side of the trade in order to complete an orderly market... so even if you put in a sell order at 25, and the market price was 32... you would get the BEST PRICE offered for your shares, ie, the inside price...period... thats the way the market works... its an auction of equilibrium creation... its therefore an error, has to be... just the way it works, so we shouldn't get hung up bye it, as GM quite correctly comments...