JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Guy Gordon who wrote (7327)	3/8/2000 7:32:00 PM
From: Jack T. Pearson	Read Replies (1) of 24042

Does anyone know the significance of big differences in sizes of buy and sell orders? Is their a standard metric that can be used to determine the magnitude of such differences? The reason I ask is that I noticed that whenever JDSU got to 270 today, there were a series of relatively large orders ($750K+). Enough to push the price up 4-5 points in 5-10 minutes. A few 2000-6000 share buy orders can suck up a lot of 100 share sell orders. If anyone was watching on a Level II screen, maybe they can enlighten me. Also, a trade of almost 300,000 shares appears to have taken place a minute or so after 1:00PM EST. It didn't cause much change in price. I assume that was pre-arranged between the buyer and seller.

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