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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: mark doubiago who wrote (8326)3/18/1997 12:01:00 PM
From: mark doubiago   of 9477
 
Did anyone catch the 3 trades for 425K total around 11:30. The stock fell 1/2 point in minutes from 14.5 to 14 and then it looks like the 3 trades occured. Were these buys? Maybe Oppenheimer spoke first and then had to take the price down to buy enough shares to cover their customers. I know, probably not, they would have bought some first then started coverage. Check out the graph, very interesting nosedive at 11:30.

lombard.com
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