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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: rootman who wrote (13064)	12/23/1998 3:49:00 PM
From: rootman	Read Replies (1) \| Respond to of 19331

don't forget last wed of month coming up to clear books

To: rootman who wrote (13064)	12/23/1998 11:03:00 PM
From: James Harold Alton	Respond to of 19331

RM, Per your post: "I don't know if getting listed with the nazdaq is all that great--looks like they play the same games---had a buy order in for 1k shares of iteld at 2 1/4 today was 2 1/4 bid 2 3/8 ask--they filled me at 2 1/4 then dropped the bid to 2 3/16--what is up with that? left the ask at 2 3/8? I'm so confused? " The reason the bid probably dropped after your order filled, is because you were the best bid at the time. Huh?? Let's say that the bid on ITELD was 2 3/16 and you were willing to pay 2 1/4. As soon as your order was open, you should see the bid move up to 2 1/4, and the order size should indicate the size of your order. If your order filled, then the bid would drop down to the next highest bidder, which may be a MM or another investor. Same thing happens on the ASK side. You in effect become part of the market in a very direct way...one heck of an improvement of the OTC BB IMO. (GG) There are of course many other advantages over the OTC, such as short positions being reported on a regular basis so we don't have to just guess, brokers can recomend our stock, IB's would be willing work with us more closely etc. Anywhere but here! James James