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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (4073)11/20/1998 4:32:00 AM
From: Charlie Smith  Read Replies (2) | Respond to of 5944
 
I2:

Can market makers possibly be interchanging $80 million worth of stock in one company???

If they're big enough, they can, but not likely. Probably a "cross" of shares from one large institutional holder (mutual or pension fund) to another or to a MM for breakup and distribution. It could also be a shuffling of shares to capture a loss.

Charlie



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