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To: Todd Reichardt who wrote (32016)12/31/1998 4:43:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
Hey Glenn, this article says people could sell on tuesday and put off taxes due to settlement date in '99.. Which is it?



To: Todd Reichardt who wrote (32016)12/31/1998 4:55:00 PM
From: Gary Walker  Respond to of 164684
 
Todd, you are right. The AOL trades just kept coming after the "close." Last trade now (4:53)shows 4:51 pm. The bid at 4:15 was 146 and asked was 160 with most of the late trades at 155.

Really strange. Can anybody explain the action?

Must be how they welcome new stocks to the S&P 500.



To: Todd Reichardt who wrote (32016)1/1/1999 10:57:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
<<<Floor traders were looking for an order imbalance surge in AOL due to S&P listing.
When that didn't happen >>>

Looks like it did happen, right at the close. AOL 160, or am I seeing things?


I believe it did happen at the very close. I have not checked the final quote.

Glenn