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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: DavidG who wrote (32419)	4/23/1998 11:47:00 AM
From: Patrick Koehler	Read Replies (1) \| Respond to of 53903

David - We have discussed in the past how the specialist/MM jerk around the volume on the bid-ask, and today, it is giving me whiplash! One minute, you have 300+K bid at 32 1/8, then the next minute, it has been pulled down to 31 15/16, then a few minutes later, 200K disappears, as no trades occurred to consume that volume. Meanwhile, with all of the bid volume in the past 30 minutes, MU is down from 32 1/4 to 31 3/4. The pattern today, does resemble Apr 2nd, following the runup on Apr 1st. Hope the pattern continues, as it went down 4 points in 4 days. Patrick