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To: upanddown who wrote (16027)	3/23/1998 2:31:00 AM
From: Chuzzlewit	Respond to of 95453

I think the discussion is going at cross purposes. A Stop loss order converts to a market order when the specified price is breached. A stop limit order turns into a limit order when the specified price is breached (and thus may not get filled). So lets say you have a stop loss at $40 and the price at the COB is 40 1/2. Horrible news comes out and the stock opens at $38 and stays there all day. You will sell at $38. If you had a stop limit order at $40 your order would become a limit order and you would not have sold.