Simple Technology - STEC Message Board

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Technology Stocks : Simple Technology - STEC

STEC 1.590

+65.6%

Dec 23 3:59 PM EST

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To: Rudy who started this subject	3/18/2002 9:37:03 PM
From: Rudy	of 36

Did you notice that the average daily trading volume of STEC compared to its float is relatively high. I checked 3 stocks to compare: 1. STEC 192K vs. 7.3M = 2.6% of float gets traded each day. 2. ORCL 40M vs. 4.12B = 0.97% of float 3. CSCO 56M vs. 7.18B = 0.78% of float 4. PKD (a small cap oil driller) 353K vs. 74M = 0.48% STEC is trading about 3 times more than any of these stocks. I conclude that there is good liquidity in this stock and that volume compared to the float causes huge moves on either side but in the mid/long run punishes the ones going against the trend dearly. Any ideas on this? Rudy.

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