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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.61+4.8%1:37 PM EST
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To: Hal Campbell who wrote (9255)6/16/1999 2:51:00 PM
From: Carl R.  Read Replies (2) of 17679
 
Well when you have a huge position to sell and its more than trades in a day you have a real challenge. They could try to cross a block. Failing that, they can dump it for whatever they get. Or they can trickle it out over days and weeks. If it were me, I'd trickle it out, but sometimes it seems like the street answer is to hit the market over the head with a sledgehammer.

If Credit Suisse is still selling, at least they are allowing it to rise and trickling the shares out, a more reasonable approach if you ask me.

Carl
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