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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: LiPolymer who wrote (19224)	6/29/2000 3:33:00 PM
From: John Curtis	Read Replies (2) \| Respond to of 21342

Gary: How else could those huge blocks not be moving the price? My thoughts EXACTLY. I know from my experience that in a "perfect," relatively free market, equity pricing would be moving in response to those rather sizable blocks. Something would give, either the bid would be nailed down and the ask wagged all over the place to the upside, seeking its logical level, or something of a wiggle to accommodate natural buy/sell forces should occur. Yet it doesn't. The bid/ask would stay nailed to an extremely small spread, not being moved AT ALL! So hot potato?? Well....let's just say whenever I see an equities trading being characterized as stated above....well....let's just say something ain't kosher here in paradise... ;-) But at least this time it's playing to our side. Now....decisions, decisions....should I take traders profits on yesterdays block buy done at near end of day....or let it ride and see where it goes......jeeez...decisions, decisions.... I think I'm gonna hang out and see what happens to that $15 ceiling. This, to me, is indicator of immediate future direction. John~