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To: Don Green who wrote (54971)9/24/2000 4:37:05 PM
From: sylvester80  Read Replies (2) | Respond to of 93625
 
Don,
You are not going to get away that easy :-)

You'll then need to explain why the drop in volume before split vs. after split (June 15 - You have to multiply volume before split by 4x). Also, the spike in volume right after split (up to 9 days after) was mainly due to the very unexpected first time news on SDRAM and DDR licenses for Toshiba and then Hitachi (which means lots of short covering and day traders).

However, if you remove those 9 days after split (which takes us almost to July 1st) and average the volume of the months that follow, the difference was dramatic before and after split (minus those 9 days). (Hint: float went up 4x after split) :-)

Here is a link of all the volume from July 1st - today. I downloaded it into spreadsheet format and here is what I got for months of July, Aug and Sep as average volumes:

chart.yahoo.com

This is average volume for each month.

Jul = 6331425
Aug = 4860317
Sep = 2827333

We also know that Nasdaq volume has gone down during the same period as well.

So Friday's volume of 4.3 million shares was actually 52.32% higher than the average volume in September.