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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Jason Cogan who wrote (10122)	5/28/1998 12:31:00 AM
From: Bob Kimball	Read Replies (1) \| Respond to of 13594

Jason, what data feed are you using? I use Signal online and that last move was within normal trading time on my screen. I've seen this rush at the end too. I agree with an earlier post that it's probably a pavlovian game for the time being. "Everyone" knows that AOL will gap up on the open, so all you have to do is buy the close, then stop-and-reverse on the open. Simple, until the day it stops working.

To: Jason Cogan who wrote (10122)	6/2/1998 11:42:00 PM
From: Art Stone	Respond to of 13594

Are there rules regarding where a stock must be closed, or is it simply up to the specialists discretion? What you are probably seeing is trades which occurred at Market Centers other than the NYSE (like the Pacific Stock Exchange which continues to trade until 4:30PM (Eastern)). New York (SIAC) generates the Consolidated Trade System (CTS) and Consolidated Quote System (CQS) feeds - these feeds include activity from all exchanges, not just the one where the security was listed. see: nyse.com