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Politics : Formerly About Advanced Micro Devices

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To: Yousef who wrote (24960)10/16/1997 12:05:00 AM
From: AK2004   of 1577147
 
Yousef, All - funny info on money flow
Yousef, I wonder if you can explain this one. Intel block money flow reached $-.5B and stock there (flat line) for a while then it jumped to 0 that is looked like a buy for a $.5B. I looked at the non-block flow and it showed a jump up at the same time by $100M to $-20M. There is no way non-block trade could be for $100M because that would make price at purchase of $10,000/share. So I looked at actual trades at the time through quote recap and there were no big buys but a lot of sales at the time.
It looked like the total sell off of intel reached the limit of Street processing systems. No one ever thought that the sell-off of a single company can reach the order of $1B confirmed and far more than that unconfirmed. Intel made a record <ggggggg>
enjoy
-Albert
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