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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?


To: Gilbert Drapeau who wrote (1270)2/24/2000 10:45:00 AM
From: Bob Howarth  Read Replies (3) | Respond to of 3891
 
Hopefully by close tomorrow selling of ALA in New York will be over. Does fine in home market and I think selling here may be done by end of week.



To: Gilbert Drapeau who wrote (1270)2/24/2000 2:02:00 PM
From: Steve Fancy  Respond to of 3891
 
Sorry Gilbert, looks like I doubled up on your post also. Welcome to the thread!

ALA block activity continues to amaze with 161 blocks traded for 5,581,600 shares. At a quick glance, 14 trades between bid/ask, 39 at bid or below, 108 at ask or better. The latter includes trades of 245K, 202K, 150K, 150K, 225K, 200K, 160K and those are only the ones in triple digits. Lots of 40K to 60K trades. OTOH, the trades at bid or below look to be mostly below 20K shares...1 at 200K.

This stock is as close to a no brainer as they get IMO.

sf