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To: PHarris who wrote (22080)7/19/1998 3:54:00 AM
From: Mad_Mouse  Respond to of 27968
 
Priscilla, it's amazing what one can do with numbers. You took a seemingly tiny number (1% of 1%) and made it look seemingly huge (84,000,000 shares). Just for the fun of it, I've played with your numbers.

Obviously, all these shares won't be bought at .17. If I use .50 as the average price, and take your total investment of $14,280,000 (8400 potential investors buying $1700 on average), then that would be 28,560,000 shares. That's still huge. That's 41 times average daily volume (according to SI). The highest volume this year was 4,719,600. It would take 6 of these days to fill that volume. The best 6 day volume was 15,207,700 (from 2/26 to 3/5). In fact, to reach 28,560,000 shares, it took 16 days (from 2/24 to 3/17), and that includes 3 days during this period that had over 4 million volume each.

So, according to our hypothetical numbers, we're looking at about 3 weeks of incredible trading. That would be absolutely fantastic. Btw, unicorn78 said the actual audience should be less than 1%. Even if we use « %, that would still be 14,280,000 shares. That translates into one hell of a week.

I just realized that I'm only considering the potential buying volume of new long term investors. If the selling volume, day traders volume, MM cross trading volume, etc. are added then the total volume becomes much higher. We probably only need half of what was calculated above to have a great week. Or better yet, we could have 2 awesome weeks. :)

Anyhow, here's hoping that 1% of «% of 84,000,000 potential viewers invest an average of $1700 each. :)

Michael



To: PHarris who wrote (22080)7/19/1998 8:08:00 AM
From: Warthog  Read Replies (2) | Respond to of 27968
 
"Investing in America" is on now. FAMH has the first slot.

Michal Jackson is not the singer but some old geezer.

collin