Emulex, What Prospects? Message Board

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Technology Stocks : Emulex, What Prospects?

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To: Steve who wrote (364)	4/16/2000 2:32:00 PM
From: speedbot	of 788

Steve, remember that Nasdaq counts both buys & sells for volume, so in reality only 10+ million shares of the 23.9 mil float changed hands Friday. Not to mention the multiple round trips by daytraders, etc. More importantly, 260 institutions hold 80% of the 35.7 million outstanding shares or 120% of the float. That's over a billion dollars that will be defended fiercely by wall street's greater powers: biz.yahoo.com s

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