Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SAP A.G. -- Ignore unavailable to you. Want to Upgrade?

To: Ibexx who wrote (871)	5/19/1998 2:30:00 AM
From: albert123	Respond to of 3424

Hi Ibexx you asked about the suspension of trading for a few hours for Baan on the Amsterdam exchange a few weeks ago.Sorry that I haven't gotten back to you until now. Well, the reason was that Baan had two stock crashes (about 10% loss within hours), one when their results were far below expectations and the next soon after when a newspaper reported on Baan's " creative" bookkeeping. Suspension of trading is possible on some stock exchanges when drops go so fast that the normal buyer and seller would be disadvantaged as they buy without limits not expecting sudden losses of such magnitude. The Frankfurt exchange doesn't have such rules by the way. Abraham