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To: JMarcus who wrote (123)6/9/1998 10:11:00 AM
From: jjs64  Respond to of 233
 
Sure, its what is called a "block trade" it is a prearranged simultaneous sale and purchase of a large block of stock. One institution wants to sell a large piece of stock, and a broker will try and find another institution (or a group) to buy the block. Preset quantity and preset price, not a big deal.

best regards;
Joe



To: JMarcus who wrote (123)9/28/1998 9:41:00 AM
From: Chuca Marsh  Read Replies (1) | Respond to of 233
 
Eyes better be sharp now:
biz.yahoo.com
Chuca