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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: QKAnd who wrote (27955)	12/14/1998 4:14:00 PM
From: Baker Street	Read Replies (1) \| Respond to of 119973

Listed stocks don't use market makers, they have a "specialist" on the NYSE floor that contols the price movements. That's why you don't see any MMs on NYSE stocks on LII. but, you still get quantity offered and bid and on what exchange (NYSE, PSE, etc.) In on FHT at 13 1/4 and 13 1/2. Soon as I saw CNBC's commercial for tomorrow and tonight.

To: QKAnd who wrote (27955)	12/14/1998 7:51:00 PM
From: Kimberly Lee	Read Replies (1) \| Respond to of 119973

The different exchanges you see on NYSE listed stock under RealTick III level 2 heading is really not the equivalent of Nasdaq stocks' level 2. The NYSE's equivalent to Nasdaq level 2 is called the specialist's book, available only to few professional traders. Essentially, there is no such thing as "level 2" screen for NYSE and AMEX listed stocks. RealTick III uses such heading as a convenient label to display different exchanges' bidding/offering activities.