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To: Jeff Guymon who wrote (51)2/24/1998 9:34:00 AM
From: Ted Downs  Read Replies (1) | Respond to of 2902
 
Jeff,

It is my feeling that when you put the market order in you got in the line behind other market orders. As those timestamped orders were filled you got what the market was at that time. Buying at market on any 4 letter stock(nasdaq) is asking for trouble. I always put in limit orders without hesitation. Sometimes I miss something, but I would rather do that then get burned. Another thing to realize is that the market was very thin with such a small float that they had to run up the price and everyone knew this except apparently the people that paid the top prices. Use limit orders in the future and good luck.

Ted