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Technology Stocks : Compaq
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To: Kenya AA who wrote (59441)4/22/1999 4:58:00 PM
From: Elwood P. Dowd  Read Replies (2) of 97611
 
Ovviously the theory has to work at some percentage level. If you've traded 100% of the shares at a given level, seems like you've got a new shareholder base. I just don't know what the percentage was that they used, cause I don't remember the # of shares outstanding(maybe 1.7b?) and I can't remember the exact #, but was 500 million +. would be fair to say, I guess, that roughly 1/3 of the total outstanding traded creates a base by the theory. El
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