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

To: Jeff Mills who wrote (11000)8/5/1998 9:39:00 AM
From: Keith A Walker  Respond to of 13594
 
You are correct, however, I believe that Merrill Lynch keeps some inventory of AOL, for example, so that they can markup the price, on small retail orders. They are not a market maker per se, as in the sense of the Nasdaq, but more like a virtual market maker, mirroring the specialist on NYSE.

Anyone have any further insights?



To: Jeff Mills who wrote (11000)8/5/1998 9:45:00 AM
From: Keith A Walker  Respond to of 13594
 
112 ÿÿ+1 ÿÿ111 ÿÿ111 ÿÿ1,404,900ÿÿ09:43:00 - Looks like there wasn't a gap up on the open. Maybe we have gone into neutral for a while.

Oops, posted a little too soon:

106 ÿÿ-5 ÿÿ106 15/16ÿÿ107 ÿÿ1,666,600ÿÿ09:46:0


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