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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV -- Ignore unavailable to you. Want to Upgrade?

To: Jon Scott who wrote (1803)	4/12/1999 4:09:00 PM
From: Mike Fredericks	Respond to of 13157

All: 23,000 share block crossed at 21 5/8 at 3:58pm... at the time the bid/ask was 21 3/8 x 21 1/2, so this was above the ask. I bought a few trading shares at 20 15/16 and was gonna unwind at 21 3/8 and pick up a few pennies but right before I pulled the trigger, I saw that 23K block cross. I didn't like the action the last 2-3 hours though... too flat. If the air comes out of the balloon and the stock starts to fall, all the daytraders that were playing this thing to the upside could come in and play it to the downside. I don't mind 5 point gains on 7MM shares with no news, but 5 point losses on 7MM shares with no news is no fun. But then again, my other main holding is CPQ ;-P. -Mike