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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: John F. Dowd who wrote (51123)10/13/2000 2:07:11 PM
From: John F. Dowd  Read Replies (1) | Respond to of 74651
 
To All: This selling in (MSFT see below)is surely tax loss selling by guys who bought this thing in the 1st 2 qrts. of 2000 and they have a large loss wherein they can raise cash while developing an offsetting loss against whatever winners they might have. Volume is not that great. The funds will be doing this so they don't have to make cap. gains distributions to their holders espeecially in a losing year. Evidently INTC has been sold off already. JFD

DJ Microsoft Corp (MSFT) Block: 450,000 Shares At 53.00

13 Oct 12:55

MICROSOFT CORP.

Last trade NMS: -1.38 at 53.00 on 0.06 uptick
Trade vol: 450,000 = 1.7% ttl vol
Ttl blk vol: 12,129,400 = 46.1% ttl vol
Avg blk vol: 14,279,786 = 43.0% avg daily vol
Ttl vol: 26,326,800 = 79.3% avg daily vol
Avg daily vol:33,179,604 / Prev day -1.38 on 45,112,300