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Technology Stocks : Newbridge Networks
NN 13.85+6.9%Nov 25 3:59 PM EST
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To: timroy who wrote (4635)5/26/1998 8:11:00 PM
From: Brett Nelson  Read Replies (3) of 18016
 
Timroy - It's hard to say looking at the chart whether those shares were "sold" or "bought." It looks like the ask when the market closed was $39, so if someone took shares at the ask, that suggests someone bought 250K at the market. Either way, I think the price is misleading; there is no way someone could sell or buy 250K shares after-hours and not move the market tremendously (by more than a point at least). We will have to wait until tomorrow to see.

Here is the chart for those interested:

quote.yahoo.com
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