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To: kenneth kountz who wrote (14950)1/28/1999 2:53:00 PM
From: Trey McAtee  Respond to of 21342
 
kenneth--

the 'sellers' may have been a collection of shares picked up by the MM over time and moved to their client in one large block.

whoever it is probably gave very specific instructions to the trader...and they did an excellent job.

good luck to all,
trey



To: kenneth kountz who wrote (14950)1/28/1999 2:54:00 PM
From: Mad Bomber  Read Replies (1) | Respond to of 21342
 
[Not necessarily so]

MM could have accumulated a long position and sold to large client. I don't think it had to be external parties buying AND selling 1 mil. shares.

or (I hope not) vice versa

MB


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