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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: J Fieb who wrote (14738)2/26/1998 11:30:00 PM
From: Alan Aronoff  Read Replies (1) of 29386
 
J,

As Jay stated, ANCR traded at 7 1/2 for only one or two trades, probably stop orders that got hit. I don't have a log of trades but I was watching ANCR quite closely all day. The MMers briefly dropped the bid there right after the large block traded at 9/16. It appeared to me the lowest fill possible for buyers today was at 5/8.
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