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Technology Stocks : Flextronics International (FLEX) -- Ignore unavailable to you. Want to Upgrade?


To: kolo55 who wrote (760)9/3/1998 10:00:00 PM
From: kolo55  Read Replies (1) | Respond to of 1422
 
Seller dumped another block this afternoon.

Look like 120,000 plus just before 3:00pm ET. Apparently buyers are willing to buy these large blocks just north of 24 bucks a share.

Will this pattern continue tomorrow? My guess is the seller has at least a million shares to dump, given the fact that he seems to be dumping 100,000+ shares at a time. So far he's probably dumped over 800,000 shares, so I'm guessing we have another day or two of this to suffer through. This is just a guess.

Paul



To: kolo55 who wrote (760)9/5/1998 11:39:00 AM
From: rich evans  Respond to of 1422
 
I like to think it is a Eastern European Selling from the Neutronics deal who has been caught in the Russian Crisis. But it is dangerous to create causes from timing coincidences.But I bought some calls for OCT so hope you are right . FLEXF has basically not hiccuped yet and has met all reasonable expectations and still it is getting hit badly. It makes one wonder. Have you checked out AFLX recently? I bought some at 4 yesterday.I hope you go the the FLEXF Shareholder's meeting and shed a little light for us Wander's in the dark.

Rich