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To: Jon Koplik who wrote (12295)7/13/1998 9:54:00 AM
From: Ramsey Su  Read Replies (2) | Respond to of 152472
 
Jon,

the level II gives you a completely different picture. It actually looks like there are a lot more sellers than buyers on the bid ask. The bid and ask that is not on level II is the volume of market buy/sell orders MMs got in their hands. I guess there are too many mkt buy orders right now. Looks like it is settling around 58.

Ramsey