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Technology Stocks : SYNTEL (SYNT) - Upcoming Year 2000 IPO -- Ignore unavailable to you. Want to Upgrade?


To: ayahuasca who wrote (2112)11/2/1998 2:35:00 PM
From: Kal  Respond to of 2761
 
Would it be MMs dumping by any chance?



To: ayahuasca who wrote (2112)11/2/1998 3:15:00 PM
From: JDN  Respond to of 2761
 
Dear ayahuasca: I dont know? Only thing I can think of is if its a negotiated trade between 2 very big players. JDN



To: ayahuasca who wrote (2112)11/2/1998 5:59:00 PM
From: Baudwalker  Read Replies (1) | Respond to of 2761
 
Looks like .95 million of today's volume was comprised of two large blocks: 400K around 12:45 PM and 450K around 5 minutes later. Price spike seems to have been about a point for each (from 13 to 14).

Check it out for yourself at:

quote.yahoo.com

Those are huge blocks for this stock. Must have been a pre-arranged "closed" deal. Any other thoughts out there?