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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: David Andersen who wrote (16446)6/4/1998 4:26:00 PM
From: Nine_USA  Respond to of 29386
 
It could have been a cross trade, that is, an
investor or a broker selling from one account
and buying in another account.



To: David Andersen who wrote (16446)6/4/1998 4:27:00 PM
From: iceburg  Read Replies (1) | Respond to of 29386
 
David,

Those types of transactions are arranged through MMs in advance and are executed at some later point in time. Most likely someone wanted to buy 30K shares and the MMs went and found a seller(s) and crossed the shares.

Steve


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