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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Ben Antanaitis who wrote (20980)3/12/1998 2:27:00 PM
From: Rich Young  Read Replies (1) | Respond to of 42771
 
Why wouldn't they just put in a market order then?

RCY



To: Ben Antanaitis who wrote (20980)3/12/1998 2:45:00 PM
From: Spartex  Read Replies (1) | Respond to of 42771
 
Ben,

that doesn't make sense, they can always execute a market order. why sell below or buy above the market? Ooooops, I repeating an earlier reply, but with Schwab I can execute in less than 1 minute, that's pretty real time enough for me. Also, the low bids could just be stop orders that the MM are taking out, you know they love to do that if the opportunity is available. I think someones getting suckered into selling their shares prematurely. the MM look desperate to accumulate shares IMO.

Regards,

Quad-K