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Technology Stocks : All About Sun Microsystems

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To: Mark who wrote (4707)	10/16/1997 12:52:00 PM
From: Rational	of 64865

I am new to this thread. I bought some SUNW. What I see today is fantastic: Someone sold 6.66 mil shares @ $43.25 at 10.57 a.m. and someone else sold 6.7 mil shares @ $43.125 at 11.02 a.m. These two trades add up to 3+ mil more shares than traded so far (9.36 mil) at 12.37 a.m.. The price is $43.125 now. This means that some market maker bought more than he has sold so far, all at a profit. The market maker must be believing to make more than 43.125 per share. Who may have more information? The MM or the block seller? I feel that the MM has more information since he bought at 43.125 (before having buyers) and he may be smarter because he may have some information about earnings. Any thoughts? Sankar

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