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Technology Stocks : LARSCOM......A Less Risky IPO (LARS) -- Ignore unavailable to you. Want to Upgrade?

To: Bernard Levy who wrote (746)3/16/1998 12:52:00 PM
From: joseph burns  Read Replies (1) | Respond to of 990
 
Bernard, just for your info...the stock was purchased as a block of approximately 750,000 shares....not a sell. This was not many small purchases but a few larger ones. If Kopp Investments sold it would show up differently and we will also soon see thew electronic filing, but it is very rare to see larger investors jump in and out of a stock.



To: Bernard Levy who wrote (746)3/16/1998 12:57:00 PM
From: LAWREAL  Read Replies (1) | Respond to of 990
 
If the alternative explanation is considered, why would the price action be so strong on the upside with such a large piece for sale? Up to that point the price was languishing. One would think the price would have slid quite violently. The opposite occurred.


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