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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 98.04+1.8%Dec 3 3:59 PM EST

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To: sylvester80 who wrote (54968)9/24/2000 3:55:32 PM
From: Don Green  Read Replies (1) of 93625
 
Sly> It has nothing to do with any SI upgrades. Rambus volume fell right after the 4:1 split. The SI average volume figure at the bottom of the screen is correct. Right after the 4:1 split, RMBS volume declined. The only thing that I can come up with, is that the 4 times bigger float, got rid of all the day traders that were trading the stock multiple times a day (10-20 times) and had created all the volatility and much higher volume.

Nice try, but no cigar, actually I would say the day traders are the main trade these days. If you watch the time / sales data intra-day and the number of trades made it is obvious that most trading is in 100-1000 share lots. It is nearly all day trading, very few large block trades.

I do wonder at times which side of the Rambus debate twists the true more, longs or shorts.

Don
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