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To: Martin E. Frankel who wrote (15652)1/12/1999 12:52:00 PM
From: Jon Matz  Respond to of 34075
 
I do trust the Bid/Ask on freerealtime.com also. As for Wall St City, there might have been something in the fine print (that I ignored) when signing up for their service.

It's obvious that WSC is listing a single MM. They rarely match any other quote service on any stock. And they are the only one that lists a Bid/Ask on Pinks as far as I know.

If someone out there knows an MM, ask them about this and let us know for sure.

Cheers, Jon



To: Martin E. Frankel who wrote (15652)1/14/1999 9:18:00 AM
From: Jon Matz  Read Replies (3) | Respond to of 34075
 
I decided to question Wall Street City, here's the email I sent them and their questionable response.

It appears that your service is the only one that offers Bid/Ask prices for
PINK Sheet stocks. Also that your Bid/Ask spread is frequently larger than
those reported by other quote services on other stocks. This seems to
indicate that you are owned, or in some other way controlled by a Market
Maker.

Is this true and if not, what is the explanation?

Their response:

Thank you for your interest in our website and software products. The
bid/ask problem is not intentional. We are aware of the problem as it
affects some OTCBB stocks. We do not cary pink sheet stocks (those not
listed on NAADAQ or OTCBB). Please feel free to contact us if you need
any further assistance.

Sincerely,
Jeff
Webmaster@telescan.com