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To: Charger who wrote (21)5/7/1998 12:53:00 PM
From: Mr. Miller  Read Replies (1) | Respond to of 6545
 
Large block "trades" the last few days:

These(probably only the real big ones) are not true buy or sell orders. Buying 70K is not out of the question for even us, but 200K may be a bit too much.

Market makers are moving large blocks from one firm to another. The private placement recently completed is the source of these "trades". Kevin has indicated that all the shares from this placement are now in. Remember it was 1 million shares we were talking about.
This is why those large blocks did not move the price much.

Miller