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Technology Stocks : Open Text
OTEX 33.67-1.8%Nov 14 9:30 AM EST

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To: Michael Burry who wrote (326)2/5/1997 9:50:00 PM
From: Gary105   of 1195
 
Mike,

My experience with trading blocks over 2000 shares:
Its important to set limits on either buy or sell. These
blocks go through specialists who try to get the best price for you. They generally do it discreetly without disturbing the market.

I run into problems when I place market orders over 2000 shares - the MMs take advantage of me.

Your thoughts?

Gary
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