The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Eleder2020 who wrote (20743)	2/11/1999 5:13:00 PM
From: GuinnessGuy	Read Replies (1) of 29386

Ed, I was watching the tick by tick for most of the day and I must admit I'm surprised at what I saw(not that I'm a TA type). What surprised me was that the vast majority of the big blocks(>1000 shares) went off at the ASK. In total I would estimate that far more shares were sold at the ASK than at the bid. Does this mean anything? My amateur interpretation was that the MM's were unloading inventory or perhaps using excess inventory to shake off some of the smaller players in order to make room(at a great price) for the big boys. Does this make any sense? Craig

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