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Re: norel post# 17355

Thursday, 10/04/2007 2:28:54 PM

Thursday, October 04, 2007 2:28:54 PM

Post# of 42619
The trade of 2.7 million shares appears to be a cross, that is a buy and sell directly between a designated buyer and seller so it appears to be 5.4 million on a double count. When there is a negotiated trade, the market maker has to stay on the ask to accomodate the transaction. In fact, all the shares trade today on the offer. This may be management selling shares out of treasury to an investor or institution. Anyone know todays date.