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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: uu who wrote (14480)	8/21/1998 3:09:00 PM
From: Paul Moerman	Read Replies (1) \| Respond to of 25814

My understanding is it represents the number of hundreds of shares. So a bid size of 40 would indicate 4,000 shares are wanted at the stated price, and an ask size of 60 means 6,000 shares are available at the ask price. No way we can know from these numbers as to how many people are involved.

To: uu who wrote (14480)	8/21/1998 3:25:00 PM
From: Jock Hutchinson	Respond to of 25814

As stated there are more sellers than buyers, or to be more precise, more shares for sale than shares to be bought. Just because that's the bid ask you see, does not mean that a specialist cannot withdraw those shares. Thus, beware. The LSI specialist is one of the hardest working and craftiest specialists on the floor of the NYSE. This guy moves the stock up and down with more different volumes than just about any specialist I know. He is much less predictable than the specialist from MOT, for example, which makes it harder to trade than MOT. By contrast, because he moves the stock so quickly, there are a handful of people who make a very comfortable living trading blocks ranging from 1000 to 5000 shares of LSI on an intra day basis.