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Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: heidi medline who wrote (2314)	4/21/1998 6:11:00 PM
From: Piranha	Read Replies (1) \| Respond to of 16960

I'm just doing some analysis of large block (10K+ shares) trades over the last three sessions (including today). On Friday, there were 34 large blocks traded. On Monday, there were 27. Today, only one. The next largest size block was 5K, and there were only nine of those. In overall volume terms, today less than 1/3 of yesterday's and only about 1/6 of Friday's. What does this all mean? My best guess is that the big (smart?) money is staying put for now, letting the smaller fish fight it out with one another and perhaps accumulating more shares from them when they spook. When the dust settles, we should be rid of the loose cannons that who got onboard hoping to get rich quick but then panic sell when we drop a point or so. Agree/Disagree? Piranha