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To: Siber who wrote (11177)	3/12/1999 11:47:00 AM
From: May Tran	Respond to of 40688

Thanks Helene. Just for fun while waiting impatiently. The volume is very low today. A PR would help next week. I just ran across an interesting post, thought to share with you all. Have a nice day, Johnny To: dave_s (0 ) From: Jim Thursday, Mar 11 1999 8:44AM ET Reply # of 195 I learned an interesting lesson yesterday. I have only been using Level II for two months. About 2:00 yesterday, I was looking at a stock I like, ASCT. The volume was very low, but I noticed that the bid was 3 1/8 and the ask 3 5/8. I usually trade using ECN ISLD, and there were no ISLD bids or asks shown. Because of the spread, I placed a buy order for 1000 shares at 3 1/4 using ISLD. My order was not filled until 3:30 when only 100 shares were filled. Looking at the Level II screen there was now an ISLD ask shown for 3 5/8. Obviously, someone had noticed my bid, and put in a sell for 100 shares, so I would be paying $20 commission for a $325 purchase, and then would buy the last 900 at 3 5/8 so I wouldn't have to pay another commission the next day. Lesson learned! I just ran across an interesting post, thought to share with you all.