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Technology Stocks : International Rectifier (IRF) -- Ignore unavailable to you. Want to Upgrade?

To: AL Benz who wrote (996)	5/20/1998 12:29:00 PM
From: DanZ	Respond to of 1712

Lots and lots of big blocks have traded at 10 1/2 so far today. I lost count but there were several in the range of 15,000 to 25,000 shares. The stock is holding so far although it's certainly nail biting time. I just saw another trade as I was typing this...24,500 shares at 10 1/2. Given that the stock is holding the bid with these kinds of trades one after another, somebody is demonstrating their willingness to buy large chunks of stock at the current price. The stock will rebound once these big sellers are gone...How many more could be out there given the volume today? The good news is that whoever bought all that stock probably won't be looking to sell it anytime soon and this dramatically improves the supply and demand for the stock. Dan Has anybody heard from H.P. Yee recently? It's been a while since he posted here.