SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wind River going up, up, up!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Greg Jung who wrote (4016)1/23/1999 9:23:00 PM
From: F. Foos  Read Replies (2) of 10309
 
A relative few of the shares traded did nearly all the damage on Friday afternoon. The crash happened from 1:05PM to 1:20PM. 400K shares traded in that 15 minute period triggered the share price free-fall from $47 to $30. The stampede was off and running at that point.

Multi-millions of shares were pitched into the market from 1:25PM to market close. It should be noted that there was sufficient demand in the market to absorb the huge glut of shares without further price slippage. Something like 7.5 million shares were traded in the $30 to $36 range.

Frank
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News