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Strategies & Market Trends : TA-Quotes Plus

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To: Nine_USA who wrote (5451)	7/18/1998 8:25:00 PM
From: Howard R. Hansen	Read Replies (1) of 11149

>>Anyone finding the variable sharesout (total shares outstanding) scaling to be in thousands for some stocks and in millions for others?<< Before reading your post I checked 4 stocks and the scaling for shares outstanding for all 4 stocks was in thousands. For these stocks the calculation of MarketCap was in error as Quotes Plus multiplies shares outstanding times price per share to calculate MarketCap. For every stock I checked Quotes Plus calculated a MarketCap 1000 times higher than the actual value. I sent Quotes Plus an e-mail about this problem and my next task is to tell them about a problem they have with the NAV of Mutual Funds that have a sales load.

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