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IP: .something fell on the keyboard...
From: Dave Farber <farber () cis upenn edu>
Date: Fri, 27 Oct 2000 19:04:58 -0400
Date: Fri, 27 Oct 2000 16:07:58 -0700 To: dave () farber net From: "Suzanne M. Johnson" <sjohnson () cncdsl com> Subject: ..something fell on the keyboard... (I like the explanation about something falling on the keyboard....) Nasdaq Reports Intel 25M Share Trade Discrepancy -CNBC Dow Jones Newswires NEW YORK -- The Nasdaq Stock Market canceled many regular-session trades of Intel Corp. (INTC) shares Friday, CNBC reported. Nasdaq reported a closing volume of 131 million shares at 4 p.m. EDT, but that number was reduced by at least 25 million during after-hours trading, CNBC said. ..................clip.................. A series of identical 25,000 share trades went through at the closing bell, CNBC reported. CNBC Stocks Editor Patrick Bolland hypothesized that a computer malfunction caused the same order to be sent multiple times, or that something fell on a keyboard and the broker responsible didn't notice. -Hollister H. Hovey, Dow Jones Newswires, 201-938-2007; hollister.hovey () dowjones com
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