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To: Marc Newman who wrote (7291)1/6/1998 2:24:00 PM
From: Sowbug  Respond to of 213173
 
Does it mean anything significant when the fractional part of the bid/ask goes into 32nds, 64ths, or (I saw it once) 128ths?

Why such hair-splitting when it's not a penny stock?



To: Marc Newman who wrote (7291)1/6/1998 2:24:00 PM
From: Sam Scrutchins  Respond to of 213173
 
Volume now 7.76 million. Sells coming in, but currently offset by buys. We are in a supply/demand tug of war now. There will be more demand tomorrow, but whether will offset supply is hard to say. Depends on investors (funds) read of next quarter and the rest of 1998.

Sam