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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?


To: Dan Swartzendruber who wrote (785)11/17/1998 9:19:00 PM
From: Dave Hanson  Read Replies (2) | Respond to of 2076
 
It might be held by Waterhouse or the mm, but not put on the "book" as the best bid/ask. This way you might end up with an execution, for instance, but only when the mm decided to get rid of your shares, rather than because you were giving a better price than anyone else (including the mms) were at that moment.