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Technology Stocks : Advanced Radio Telecom (ARTT) -- Ignore unavailable to you. Want to Upgrade?

To: MangoBoy who wrote (599)	4/21/1999 12:20:00 PM
From: GVTucker	Read Replies (1) \| Respond to of 1176

Mark, RE:<<looks like someone did a market order sell of about 50,000 shares and the MMs took him/her to the cleaners. >> It appeared to me more likely that there were several small retail stop orders at 11. (I would assume that someone with 50,000 shares would have enough sense not to put a stop order on a Nasdaq stock, but you never know.) Once we broke 11, lots of small lots were filled under 11; the largest trade size was 4,000 shares. Once the market makers picked off the stops, the market settled right back. Several blocks have crossed at 11½ or so since that drop. Nice trade, buying at 10½.