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<p>[QUOTE=&quot;harris498, post: 2254820, member: 44268&quot;]Well, in this last quarterly, they explained that as the teletype system fell out of widespread use, these bid/ask values that the pricing was being based on were becoming more and more out of touch with the market as a whole, which seems very plausible.</p><p>I certainly noticed, during my short tenure in the business, that common date cartwheels in low grade were over-valued on the sheet, and heard lots of anecdotal evidence that many more thinly traded issues were quite undervalued.</p><p>I, for one, appreciate the changes taking place, regardless of what metric they are using to establish the changes.[/QUOTE]</p><p><br /></p>

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