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To: kech who wrote (15404)9/23/1998 12:50:00 PM
From: Rajala  Respond to of 152472
 
To all: more buyers than sellers ? If you have 1000 ERICY shares and sell them to 1000 people, are there more buyers or sellers? The previous analogy that after a storm there will be more timber buyers than sellers is quite believable since rarely there are more lumber yards than people. Perhaps in Oregon. I hope this cleared the issue.

- rajala



To: kech who wrote (15404)9/23/1998 3:51:00 PM
From: Don S.Boller  Read Replies (1) | Respond to of 152472
 
Tom; YOU ARE MOSTLY CORRECT Re BUYERS & SELLERS......
The real key is urgency....E.g., a buyer of 500 XYZ meets a
seller of 500 XYZ (last sale 23) Buyer says, I'll bid 22 3/4 for
500....seller says, I'm asking 23 1/4....buyer counters I'll go
23 even...seller counters, I'll take 23 1/8. "Done" says, buyer.
(stock now up 1/8). (Buyer more eager than seller for the trade).
Hope this helps.
Don


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