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Strategies & Market Trends : Tech Stock Options
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To: jjs_ynot who wrote (41324)4/26/1998 10:24:00 AM
From: j g cordes  Read Replies (2) of 58727
 
Dave, This type of activity by larger institutional buyers suggests that the large block buyers are having the same difficulty that many others are. Specifically, there are few areas of compelling valuation with the market at this level. Thus the funds and individuals are going with what they know.

There's another issue with funds, which is given the huge sums of money they have to distribute into equities... only the largest cap stocks provide tradable equity.

Jim
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