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To: Jim Lou who wrote (34748)2/13/1998 11:11:00 AM
From: Gary Korn  Respond to of 61433
 
Lou,

The line means:

MM1 bid ask bid vol x ask vol time of last trade --- MM2 bid ask etc.

When you see a bid or ask way out of range, check the time of trade to see if the MM is at all active. They widen the spread a lot when they don't want to be involved.

Gary Korn