A novel reaction mechanism for semi-peripheral heavy ion collisions is
discussed, due to new features of the nuclear dynamics in the overlap
ping region. In a very selected beam energy range, between 40 and 70 M
eV/u, we see the onset of new neck instabilities coupled to an increas
ing amount of dynamical fluctuations. Expected consequences are a poss
ibility of intermediate mass fragment emission from the neck region an
d large variances in the projectile-like and target-like observables.