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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Switz who wrote (4365)1/29/1999 4:52:00 PM
From: hiram rohira  Read Replies (1) | Respond to of 5944
 
can someone explain the difference between ip multicasting and unicasting
technologies. ta.



To: Jim Switz who wrote (4365)1/29/1999 10:30:00 PM
From: Starowl  Read Replies (1) | Respond to of 5944
 
Jim: Looks like estimate creep. One thing I noticed today was the rather heavy volume with no big movement in the trading range. Somewhat striking that with 4,036,300 shares traded (almost double the daily average), the average trade size was 2006 shares (on 2012 trades--almost a perfect square: the square root of 4,036,300 is 2009.05etc). That was considerably higher than avg share trades of all of the high profile tech stocks I checked, incl intc (679), csco (765), lu (810), msft (948), qlgc (462), seg (1517), lsi (1252), qntm (1480).

I haven't the foggiest idea what it means. Pretty obvious most trades were made by institutions. My guess is they were taking advantage of the nearly 10 percent price drop yesterday. I noticed that Adaptec was among the 15 highest percentage losers yesterday of NASDAQ stocks selling above $12.

When I start posting drivel like this, I know its time to hit the sack.

Starowl