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To: TLindt who wrote (5382)	6/26/1998 12:14:00 AM
From: g_m10	Read Replies (1) of 8545

Thing which is bugging me about this last hump...12 Million shares in the last 30 days...ok? Public Float 30 Million.... This is what NASDAQ is all about. To start with we need to divide volume by two. Each and every share that is traded on NASDAQ crosses the tape twice. First time from the seller to the MM, and then from MM to the buyer. In between, nobody knows how many times MM moved shares from account to account for whatever reasons. One of the reasons, and it is done very often, to create an appearance that the stock is being churned. I remember watching Compaq and Dell a while ago.CPQ had float, if memory serves, for times that of DELL. DELL had volume twice that of CPQ. Go figure. BTW, can anybody ask Pete, when you see him in August, if it's in his plans to move the stock to NYSE any time in the future?

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