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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?

To: Flagrante Delictu who wrote (17319)	3/12/1998 1:49:00 PM
From: tonyt	Read Replies (1) \| Respond to of 32384

You're not serious in your comparison, are you? (At the very least, in your comparison of DELL, use a company with profits)

To: Flagrante Delictu who wrote (17319)	3/12/1998 3:06:00 PM
From: Henry Niman	Read Replies (2) \| Respond to of 32384

Bernie, Speaking of signals, did NASDAQ change some display rules or have the MMs been unusually busy today? I just had a chance to look at the tape and there are more bid/ask changes than trades. I was particular struck by 4 bid/ask quotes that hit the tape simultaneously at 14:24:10. There were two ask prices (16 & 16 1/8) and two bid prices (15 3/8 and 15 7/8). I haven't seen a 3/4 point spread in LGND for many years. The wide spread quickly disappeared, but how does a bid price of 15 3/8 hit the tape at the same time as an ask price of 16 1/8?