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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Marty R who wrote (139913)	8/19/1999 12:04:00 AM
From: hdl	Respond to of 176387

my guess is people wanted to take profits and other people were willing to pay a very hi pe

To: Marty R who wrote (139913)	8/19/1999 12:06:00 AM
From: TechJustice	Read Replies (1) \| Respond to of 176387

Regarding: "How is it that another 56+ million shares can trade and the stock price halt then drop from that price?" Easy question, the sellers out-weighed the bidders almost 10 to 1. (anotherwords, everyone was dumping at 45). At one point almost 1,000,000 shares were being dumped at 45 by the sellers.

To: Marty R who wrote (139913)	8/19/1999 8:05:00 AM
From: Mike Van Winkle	Read Replies (1) \| Respond to of 176387

re: who had those shares to trade and didn't require a larger premium for them with all the buying going on? 75% of the 95 million trades was institutional trades based of the pie chart from this site. partners.thomsoninvest.net (type in Dell). This has been consistent on up days and down days. Other stocks where % institutional ownership has not been dropping, the % institutional trades is much lower. Someone like WBM has reputable inside knowledge on how these guys think and how quickly they change their price points, but my guess is that they were selling on old price targets, still lightening up on their ownership in Dell/ Box-PC sector. Some funds are more knowledgeable / favorable to PC's and Dell and were buying from these slower institutions. Any authoritative insight contrary or otherwise on what was going on would be very much appreciated. TIA cheers Mike