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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?


To: Frank Povoski who wrote (7354)3/12/1998 3:48:00 PM
From: Sowbug  Respond to of 11555
 
Probably a prearranged trade. Not especially relevant. <eom>

Hey I just saw a 236000 share trade go off at 14 1/4 when the bis/ask was 14 7/16 14 1/2. Could have been a mistake but I don't think so. Had to be a sell. Any ideas on that kind of action.



To: Frank Povoski who wrote (7354)3/12/1998 3:53:00 PM
From: Edward Leinbach  Read Replies (1) | Respond to of 11555
 
You are correct about that block crossed at 14 1/4 & the bid & ask then.

The strange thing is there was a huge lull for about 30 minutes when almost no trades were crossed . At that time the bid & ask were 1/4 by 5/16 & 1/8 by 1/4
Then after action started up again & the big trade crossed the bid & ask have been all over the map , some a point above or below the last trade ??
Ask point above & bid point below. Seems no one is certain what to make of IDTI this afternoon after is crossed 14 1/4 .

Is there any pending news on this stock ??? Or conferences ect. Strange action
indeed.