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Technology Stocks : Nortel Networks (NT)
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To: rrufff who wrote (6783)9/13/2000 9:19:13 PM
From: jack bittner  Read Replies (1) of 14638
 
large blocks have been selling every day for 10 days now.
on a scale of 1 (heaviest block selling) to 5 (heaviest block buying), nt has gone from a 4 to a 2 in a week. as to non-block, nt has been a 2 for over a month. what do those institutions know that we don't? on several down days nortel has gone from its recent average of about 7 million shares a day - and a year's average of 9-10 million a day - to 15 million in a day. maybe nt is planning a huge dilutive acquisition. i dunno.
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