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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Hermesmann who wrote (21674)4/13/1999 10:46:00 PM
From: margin_man  Read Replies (2) | Respond to of 25960
 
The ask hit 16 7/8, but didn't stay there long. Only a few hundred
shares.




To: Bill Hermesmann who wrote (21674)4/14/1999 7:44:00 AM
From: Mark Ivan  Read Replies (2) | Respond to of 25960
 
Bill,

That is one of the ripoffs of the NASDAQ! Now matter WHEN George put his buy in for 16 7/8, the MM determine who gets the shares at that point. They can move stock ahead of yours as they please. You will only fill if they decide you fill or if there is no other stock ahead of you. Obviously you fill if the ask moves further down in price. ON the NYSE, it is a first in, first handled situation. The specialist MUST take your order.

MArk



To: Bill Hermesmann who wrote (21674)4/14/1999 9:51:00 PM
From: George Coyne  Respond to of 25960
 
Understand, Bill. The question was really rhetorical. I just like to complain sometimes when it appears (temporarily) that I have been cheated out of a good guess.

G. W.


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