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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST

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To: Justa Werkenstiff who wrote (2703)8/26/1998 8:47:00 PM
From: Demosthenes  Read Replies (1) of 3696
 
Justa,

It may have been this thread that the topic of daily volume came up. Ian had some things to say about it and I think his/our conclusion was that because of accounting measures (buyer and seller each counting for 100 shares for a single trade) and the way MMakers work, that the daily volume for a NASDAQ stock is twice the amount of the actual shares that changed hands.

Are we all agreed on this as a fact?

Rgds, D
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