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 : Network Associates (NET) -- Ignore unavailable to you. Want to Upgrade?

To: casey (guessed password) who wrote (3128)	8/21/1998 11:15:00 PM
From: puborectalis	Respond to of 6021

Seven million shares today is not "chopped liver"...there's more here than meets the eye...volume ALWAYS precedes negative news coming on the way....I sold early in the year..too much volatility...Larsen scares me.

To: casey (guessed password) who wrote (3128)	8/21/1998 11:37:00 PM
From: AlienTech	Read Replies (1) \| Respond to of 6021

>>The plunge was dramatic between 2:15 and 2:35 and then got worse. - I'm really curious as to 'the' reason.<< That is probebally when the deadline was. Took a few mins for the broker to set things up. Ofcourse any selling of such a large number of shares would create panic and all kinds of reasons for the drop. Just look at CIEN. If it recoveres back to the trend line next week then things are just that. Jitters.. Although this is beginning to look like the PSFT or PMCS drop, although they had already doubled since last year. Paul Gartside garty@paul-g.demon.co.uk Anybody know if the shares sold today (Friday) or yesterday, there was some confusion at Alton house nobody seemed to know what was happening. As I understood it the sale date was supposed to be Thursday the 20th. In case you didn't notice the price crashed to $37.5 at one point today and the share volume was over 7000000 which is at least 4000000 more than usual.