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Technology Stocks : America On-Line (AOL)

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To: Craig A who wrote (32389)10/7/1999 5:00:00 PM
From: t2  Read Replies (3) of 41369
 
Instinet afterhours----119 1/2 to 120. It is on its way back.
What puzzles me is that if someone wanted to sell 171,500 shares, why not do it during the day---in a drawn out manner. Even if there was a rush to do so, it did not need to be at the close---resulting in such an imbalance. Someone must have wanted to make a big play on tomorrow's employment report. He should have done it on some other non-internet large cap tech stock.
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