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To: KM who wrote (473)9/29/1999 7:16:00 PM
From: KM  Read Replies (1) | Respond to of 1822
 
200k, now that was a joke. They ended up selling probably 800k, including 100k in one block, which did not knock the price down. In all my years of trading, I have never seen one seller sell so much at one time. Someone had to buy it. I did notice Fahnenstock buying a lot.

I don't know who it was or why they were selling down there. I assume it was end of quarter, get it off the books since it has been a loser if you bought it at the beginning of the quarter. I think it's too early for the lockup to expire. But it was encouraging to see that a monster piece of this size could be accommodated without knocking the stock down 5 points. I bought as much as I could.