SI
SI
discoversearch

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 : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: Eric who wrote (7252)5/29/1998 3:42:00 PM
From: lml  Read Replies (2) | Respond to of 19080
 
Agreed. The only information flowing to the market between now & earnings announcement will be rumor. Today's action is sympathetic to the overall mood of the NASDAQ.



To: Eric who wrote (7252)5/30/1998 5:47:00 PM
From: GS_Wall Street  Read Replies (1) | Respond to of 19080
 
The selling on Friday was not done quitely, but it was very well advertised. It appeared that someone did some selling maybe 50-250K shares and they wanted everyone to know they were selling all day, thus sending the stock done at a consistent rate.

This could have been a trick by some very smart traders who where actually buying more shares on Bid while avertising 20K plus shares all day on the ask, thus getting other people to into them at a lower price. I would guess that Friday some one bought a very large position on the cheap.

One thing for sure there was some buying/selling not just Mark Makers making a market.