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Biotech / Medical : QLT PhotoTherapeutics (QLTI)
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To: George Mc Geary who wrote (695)10/15/1999 2:26:00 AM
From: ouija   of 1321
 
It wasn't a stampede, it was an elephant. In fact, a large block of about 600K shares traded in roughly two pieces, and the market makers probably still have some. Considering the market cap QLTI has reached in the last year, some portfolio manager must have decided to pull some off the table. Pretty sloppy job. Now with Greenspan jaw boning down the market for a day or so, it gets to be a real buying opportunity for a nice bounce.
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