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To: pamela baker who wrote (17375)2/13/1998 7:29:00 AM
From: monu  Respond to of 97611
 
Pamela,

IMO, Market orders are very risky. Whatever the market shows at the time your order goes through, that's what you'll get. It could be quite higher than the previous close or for that matter much lower. Stay with buying a "limit" order. You will get the stock no higher than the price you're willing to pay for it.

Joe



To: pamela baker who wrote (17375)2/13/1998 8:34:00 AM
From: MarkM  Respond to of 97611
 
Always buy at mkt unless dealing with a small-vol stock or wide-spread. It is foolish to post a fixed buy-price so as to save $1/8, only to see the stock get away on the upside in minutes. The most important aspect of buying or selling is MAKING THE RIGHT DECISION! After you've successfully done that, then just buy the doggone sucker.



To: pamela baker who wrote (17375)2/13/1998 8:49:00 AM
From: S.C. Barnard  Read Replies (2) | Respond to of 97611
 
depends on how many guys lombard discover has out on the floor, and where. Do they fill orders quick? A limit order for the real time quote price amount should fill there or better on a moderately moving price up or down if they are prompt. I pay for this with schwab- been with Ceres (ameritrade)- they definetly weren't as right on it!!



To: pamela baker who wrote (17375)2/13/1998 12:46:00 PM
From: mozek  Respond to of 97611
 
Pamela,
How did it go? I picked up some today at 35-3/16.

Mike