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Technology Stocks : Intel Corporation (INTC)
INTC 34.30-1.2%11:28 AM EST

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To: Barry Grossman who wrote (97788)1/28/2000 7:05:00 PM
From: Gerald Walls  Read Replies (1) of 186894
 
Some thoughts on today's selloff - WAY OVERDONE.

I think so too. Right at the end of the day (the last five minutes) Intel traded up nearly a point from the lows in Very Large Chunks. I watched the bid sizes as reported by Datek's real-time "streamer" and saw many instances of 400,000 and 500,000 shares bid as the stock rapidly recovered. Unfortunately the sizes of the actual fills is not available.

However...

Monday is the last trading day of the month and the time for fund window dressing is nigh.

What if the funds want to show less tech in end-of-month reports? I agree this isn't as big an issue as end-of-quarter reports...
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