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To: Tom Chwojko-Frank who wrote (39394)2/16/2001 3:51:42 PM
From: StockHawk  Read Replies (1) | Respond to of 54805
 
I wrote: "It would be an interesting exercise for anyone to list their purchases of a particular stock in price order, find the median, and then see how many shares were purchased above and below that point.

You wrote "To save you time, by definition, as many will be above the median as below."

VERRY FUNNY. Thanks for the tip<g>, But you misunderstand. I'm talking about the median share price and the number of shares. Like this:

# of shares	price

500 100
300 90
200 75
100 50
100 25 </Pre>

So the median price paid (looking just at the prices) was $75, with 800 shares bought above that price and just 200 bought below that price. (And for the math-lovers out there, the arithmetic weighted average price paid in this example would be about $83. The non-weighted average is about $68., and the modal price - the price that occurs most often - is $100 per share because 500 shares were purchased at that price.)

Thanks for giving me prompt to clarify that.

StockHawk