ECNC (OTC:BB) - eConnect Message Board

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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

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To: Anthony@Pacific who wrote (5702)	3/10/2000 12:43:00 PM
From: Val Ryjouk	Read Replies (2) of 18222

Info From Thompson RTQ for today's trading: thomsoninvest.net Institutional: 60-65% Retail: 30-35% Non I-Watch: fractional. -------------------------------------------- Explanation: Non I-Watch: This portion of the chart refers to trades not reported over Thomson's proprietary communications network. Broker participation is voluntary so it is rare that all trading volume is accounted for. The trades can be related to either institutional or retail trading. Institutional: A trade reported by a major brokerage firm who typically trades on behalf of major mutual funds/portfolio managers. While these firms also have retail branches, the amount of trades reported on behalf of institutional investors dwarfs the limited amount of retail trades that get reported. Retail: A trade reported by a broker that primarily executes on behalf of retail investors such as Trimark Knight or Charles Schwab's Mayer Schweitzer.

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