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To: Norms who wrote (2570)3/13/1999 12:47:00 AM
From: Travis McGee  Read Replies (3) | Respond to of 13776
 
<<<After hours on SETO looking pitiful too on NDB. Was showing 1 1/2 X 1 9/16 - now showing .39 X .42.>>>>>
I saw this on a number of stocks today after the close,and it looks like the main Nasdaq computer simply had a glitch and picked up
a bid/ask from earlier in the day, it happens now and then. Also, the transaction logs do not show these lower prices which is further evidence that the quotes are a glitch.
regards, Trav
p.s. to the poster who asked to hear about some bad trades, Perhaps this will make you feel better: I saw the news of EBLD hooking up with Earth link on my real-time news feed, and placed a market order for 1400 sh's while the ask was 2.62 .I was filled 400 at 3 and 900
at 3.37. Stock closed at around 2.50 / 2.75. OUCH!!! Of course I'll log a trade dispute,but the mm's were jumping out of the way on the ask like crazy, so I may just be out of luck. Will hope for just a little strength on monday so I can get out.:-(
holding XNET :-)



To: Norms who wrote (2570)3/13/1999 6:29:00 AM
From: Wayne Rumball  Read Replies (4) | Respond to of 13776
 
OK, something is going on here.

Check SETO, XNET, IBUI, ATNY, IMOT, FDIR, any other stock mentioned on this thread in the last 3 days

Then check any stock that has not been mentioned.

Someone is F***ing with us

I will find a phone # for SEC complaints ASAP, if those stock all open at the current closed market prices.

Kimberly, Level II please, who are the market makers involved here
Edit: Thomas tells me that the time for the lowered bid/ask on all these stocks is 5:24. Not a bit odd???