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Technology Stocks : CMGI What is the latest news on this stock?
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To: Mark Peterson CPA who wrote (11661)7/12/1999 7:26:00 PM
From: Robert Rose  Read Replies (1) of 19700
 
<There's no doubt that a seller sold, but the fact that he was able to cross it on the offer
suggests to me that at the time the trade occurred, there was a fairly substantial demand
for the stock.

A block sale of that size would have been crossed at 1 or more points below the bid if
there was a lagging demand for the stock. >

Mark, would you mind translating for us lay folks?

What do you mean by "cross it on the offer" (and if not obvious, how do you know this took place?)

tia.
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