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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Jack Sman who wrote (31152)	3/23/1998 9:28:00 PM
From: Alan Vennix	Respond to of 35569

Thanks for the log, Jack. Interesting trading day today - 108k shares changed hands in the first 6 hours - 158 k shares traded in the last 30 min. The 108k shares were almost evenly divided between 53.7k shares bought at 7/16 to 29/64, and 54.7k shares sold at 13/32 to 7/16. In the last 30 min, some 71k shares were sold at 3/8 (the bid) while 78k shares appeared to be bought at the ask of 13/32 (73k) and 3/8. I say "appeared" to have been bought at 13/32 because one of the trades was for 40k shares at the ask. This may, of course, have been a transfer between MMs, even though it took place at the ask, since there was only 1/32 difference between the bid (3/8) and the ask (13/32). Should be interesting to see what tomorrow brings. Alan