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To: Mad Duck who wrote (1862)	4/15/1999 12:42:00 PM
From: Don S.Boller	Read Replies (1) \| Respond to of 3873

Mad Duck: The rationale behind the "no even dollar limit" is illustrated above in the posts ($ 99.00). As a NYSE broker for over 16 years - I can tell you that most of my "limit" (as opposed to "market") order clients, would say something like, "if XYZ ever gets up to $25.00 - sell it"...very few would ever say, "sell when it reaches 24 15/16"...so the "Book" gets clogged with orders at even prices. A real sinking feeling is when you question an order (lack of execution) and find out - "there was stock ahead". In very active stocks - this may not be a problem, but on "thin ones" - look out. Best, Don