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To: Daniel Chisholm who wrote (4)6/6/1999 10:09:00 AM
From: Bob Rudd  Read Replies (1) | Respond to of 12
 
Dan: I would certainly hope that the use of limit orders would improve entry over the offer, but I've tended to shy away from wide bid-ask spreads as an indication that if something goes not so right and I wish to get out, the bid discount implies a big haircut on the exit beyond the change in fundamentals.


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