Teradyne Message Board - Msg: 5806926

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Technology Stocks : Teradyne

TER 195.18

+2.5%

Dec 19 9:30 AM EST

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To: hdr who wrote (849)	9/21/1998 10:07:00 PM
From: Orhan Birol	Read Replies (1) of 1184

Obviously the buyer is one or more institutions, as insiders usually accumulate through stock options at a discount. The seller can be an insider, one or more institution. There is no buy or sell on a block; a block can trade at an up tick or down tick. As this block traded at the low of the day it traded at a down tick which only means that the seller was not a short seller, and probably; more anxious than the buyer. Therefore it is possible that the seller was an insider or one institution and the buyers several institutions marketed by the broker crossing the block. I hope this helps, Orhan

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