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Technology Stocks : Ultratech Stepper -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (2586)7/26/1998 7:50:00 PM
From: Boca_PETE  Respond to of 3696
 
Ian S: re: <actual UTEK demand is closer to 90,000 shares a day >

Very interesting. I was unaware that NASDAQ overstates the average daily volume.

It would be interesting to understand how you arrived at your 90,000 share daily demand number. Can you explain how it's calculated or where it is available ? Can your calculation be used on all NASDAQ stocks ?

P



To: Ian@SI who wrote (2586)7/26/1998 9:13:00 PM
From: Demosthenes  Read Replies (1) | Respond to of 3696
 
Ian,

My sentiments amount to Pete's comments. Going from 150,000 to 90,000 shares aver volume is a HUGE difference. Do you think a main MM is not reporting numbers deliberately? I would love to believe you since I own several chunks of UTEK and a short squeeze would be sweet indeed. How do we know the volume isn't 65,000? <GGG>

D


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