SYQUEST Message Board - Msg: 2243195

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Technology Stocks : SYQUEST

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To: Dale Stempson who wrote (3925)	9/22/1997 12:42:00 AM
From: RagTimeBand	of 7685

Dale The information I posted from NASDAQ was their explanation why NASDAQ stocks are not double counted. >>To recap the scenario I described:<< I didn't see that scenario in the post I responded to. Here's a link to your post. techstocks.com What I did respond to was the following statement: >>The recent volume could have something to do with conversions, etc. In addition, 10 million shares is certainly a big number, but not nearly as meaningful as it used to be when issued and outstanding were significantly less. Don't forget that the NASDAQ published volume number is roughly twice that of reality.<< It's possible your example may work for thinly traded stocks, but your post was talking about a 10.5 million day. Based on what NASDAQ told me, you're statement isn't correct. Regards - Emory

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