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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 113.89-6.4%3:59 PM EST

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To: REH who wrote (4425)6/1/1998 11:31:00 PM
From: Gary Wisdom  Read Replies (1) of 93625
 
Rambus trading trivia:

Through April, there were about 64MM shares traded in Rambus.

Out of that total, a little less than 7MM was block trading.
Over 57MM was non-block.

Schwab is the largest non-block trader with 8MM shares ytd
H&Q is next with 7.1MM ytd

On the block side, H&Q has traded 2M out of the 7MM.
1/2 of the 2MM was traded in April. I don't know if that was on the way up, or down.

It looks like the block volume each month is consistently about 1.7MM
shares.

I guess the only conclusion I can draw from this is that Schwab clients are guilty of overtrading this stock.

<ggg>

And, since the block volume is fairly light in comparison, that the
institutions only buy or sell this at the high and low, letting the
individuals trade in between. Of course, I'm guessing here.

Oh well. Still looking for clues.
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