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Technology Stocks : Neomagic Corp. (NMGC) -- Ignore unavailable to you. Want to Upgrade?

To: James Wright who wrote (2653)	3/2/1999 5:53:00 PM
From: SIer formerly known as Joe B.	Respond to of 3645

If I place a buy order with my broker below the offer but above the bid, my order becomes the bid. If my order is filled those shares are only counted ounce. Right?

To: James Wright who wrote (2653)	3/2/1999 6:07:00 PM
From: CMon	Read Replies (1) \| Respond to of 3645

Apologies to everyone else for the continuation of an off topic debate: I think we're arguing the same point, but you keep insisting that NASDAQ doesn't double count at the same time. You say: "NASDAQ doesn't list the buy and sell side of the same transaction" then you say "a market maker will buy...to sell at a slightly higher price thus the same shares are coutned twice." That's my point. If I want to buy 1000 shares of NMGC and the spread is 9 1/2 -10, my broker's trader will lift the 10 offer and print me at 10 1/16 net, thus my purchase of 1000 shares results in 2000 shares of volume. Isn't that the same thing that you are saying? If not, where do we disagree? I agree it's not an important point, but relevant if you want to point to lower volume after SFP moved to the Board.