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To: Bill Fortune III who wrote (5825)9/14/1998 5:48:00 PM
From: jpbp  Read Replies (2) | Respond to of 15313
 
Bill....when the bid crosses 1 dollar the ask size will go to 500 also that's all it is....

hope this helps...

jpbp



To: Bill Fortune III who wrote (5825)9/14/1998 7:16:00 PM
From: MskiHntr  Read Replies (2) | Respond to of 15313
 
Good evening, Bill. Re your question on the size. The number you see does not necessarily reflect the "actual" size of the bid or off. Nor does that number have any significance to the price of the stock.

The number is the "minimum" size that the dealer who is reflecting the bid will take, if you are selling and vice versa, if you are a buyer.

He may 'work larger' but he is not required to show his hand and the same goes for the offer side.

Bids or offers, be they in cents or dollars, do not dictate the size the dealer is willing to do on a minimum basis. Tomorrow, with a live tape I will show some examples.

Best, Joe