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Technology Stocks : IDT *(idtc) following this new issue?*
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To: Condor who wrote (8412)5/26/1999 5:14:00 PM
From: Arrow Hd.  Read Replies (1) of 30916
 
Condor, I have one possible explanation for not seeing block trades that I can attest to personally and that is that there may be no blocks to be offered. I have had the trading operations I use send in 5K and 10K share orders over the past month or so and every one took multiple executions to fill the order. Part of the explanation for my experience may be that I am buying with limits but these were at the asking price so I wasn't trying to be clever. I would think that if there truly are no blocks to be had then the big positions are being held by the strong hands. So we may have a certain level of distribution going on where major positions may be accumulating but at whatever is available picking up some each day as those who were disappointed or chose to sell on the news kept rotating out. Only an observation from personal experience and nothing more.
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