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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: PAL who wrote (8946)3/20/1998 8:47:00 AM
From: Michael Harb  Respond to of 13594
 
<<What was that 2,500 shares traded at 61 5/8 at 16:21:32? Bid 60 1/4 and ask 62 1/8 was quoted a few minutes earlier.>>

PAL. I said it was a late print. My quote system shows the quote condition as a normal trade. If it was an INSTINET, or aftermarket trade, it would have a quote condition indicating it as a Form T sale. I show no aftermarket trades on AOL. As far as the huge spread. The spread you see quoted has absolutely NOTHING to do with aftermarket trading. That is the NYSE spread, and after close, it usually backs way off the bid and ask. It is meaningless and you should never read anything into it. INSTINET is a separate SEC registered subscriber-only stock market. Unless you are a subscriber you can not tell what the INSTINET spread is.

That trade was a late print.

regards,
mike