MICROSTATION-TEXT SPACING

Hello,

I am using Microstation V8i SS2.

I am new to Microstation and trying to understand certain details concerning text.  I have been working with the text editor and notice that whenever I add a space between text, sometimes I get a "1/64" and sometimes not.  Also, spacing in the finished text appears odd, like larger than required spaces between text sometimes.  What does the "1/64" mean and how do I get more even spacing between text? 

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