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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%3:59 PM EST

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To: Barry A. Watzman who wrote (47282)2/5/1998 6:15:00 PM
From: David S.  Read Replies (2) of 186894
 
Barry, You say hitting the 90 price probably triggered a ton of GTC
stop orders that "once activated remain active even if the stock
subsequently falls back below $90." I presume you mean "sell"
orders, but more important, could you confirm that this means
after $90 is hit, the GTC sells are executed even if they get a lot
less than $90 as the selling price. Since there was a drop of about
3 points, does this mean many got about 87 instead of 90? Just
curious about the process.

Regards, David S.
Long on INTCW, IOM, NMGC
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