Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Darren who wrote (46994)	5/15/1998 3:53:00 PM
From: gbh	Respond to of 61433

I'll take it. More like a dice roll though. Very lucky. Lombard really is pathetic. I put a limit sell at 3/4 in around noon when I went to lunch. On the first drop to 44 1/4 (the stock) the option on my supposed rt quote from Lombard shows an ASK as high as 15/16. I figure cool I got my price. But no confirmation on the web site. I call up and as I'm clicking away getting a quote at 5/8 by 7/8, the live broker is telling me the quote is actually 5/8 x 11/16. Now, I smell fraud, because I've bought at market many times before and never been giving below the ask of the quote on the website. I ask for the supervisor. His story, the quote I see may (might, could , etc) be from a different exchange. No consolidated quote on the website. So I ask, when I buy at market, who pockets the difference. Oh not us. Hmmmmm. I only do options on Lombard, everything else on Datek (their own set of problems). Anyway, the phone broker moves my order down to 5/8 and it hits immediately. Sorry to bore all of you. Gary