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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Techie who wrote (47130)	6/10/1998 11:10:00 PM
From: Geoff Nunn	Respond to of 176387

Just what we like to see...an intelligent, well thought out response.

To: Techie who wrote (47130)	6/10/1998 11:35:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 176387

Techie, the average daily volume of shares traded is around 7 MM shares (remember on the Naz there are at least two trades for a transaction from a seller to a buyer). That represents around $600 Million per day. We are talking serious institutional money here. If this were retail (at approximately 100 shares per transaction) we would be looking at around 140,000 people trading Dell on a daily basis. Clearly, these trades are mainly institutional. As I recall, institutional ownership of Dell is over 80%. Considering the number of shares outstanding, it would be a major feat for the institutions to engineer an artificially high price for the stock. TTFN, CTC