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Non-Tech : STV GROUP (stvi) -- Ignore unavailable to you. Want to Upgrade?

To: BobbleUnc who wrote (16)	5/4/1998 9:17:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 79

Bobble, the daily swings that you refer to are just the last trade. Most of the day, the stock has a wide spread. There really isn't a wide swing in the price activity. When the volume picks up, the spread narrows. At one point today, the spread was 8 5/8 bid to 9 1/4 ask. So a sell order might be filled at 8 5/8 and a buy order might be filled at 9 1/4 as succesive trades. I would suggest getting the bid and ask when getting a quote and not the last trade as a better indicator of the stock price. Interesting that the last trade today is lower than the closing bid and ask. I was hoping to be partners with you once again, so I'm sorry that you didn't buy this stock. Sergio