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Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?

To: timroy who wrote (1422)	3/11/1999 3:30:00 PM
From: SecularBull	Read Replies (1) \| Respond to of 1999

Are you serious?

To: timroy who wrote (1422)	3/11/1999 10:23:00 PM
From: James F. Hopkins	Respond to of 1999

Timroy, You can't have taht much volume from investors, it just don't happen that people dump a stock like some school of fish, Some wana be sharks jumped on her & shorted big time, now all they have to do is cover. <G> ------------------- Institutions bought Net 7.149 Mil shares in the last 3 mo She wont stay down. % Shares Owned 89.67 # of Institutions 251 Total Shares Held (Mil) 46.977 3 Mo. Net Purchases (Mil) 7.149 3 Mo. Shares Purchased (Mil) 21.394 3 Mo. Shares Sold (Mil) 14.245 ------------------------ She had 4 mil short, ( now remember the NAZ counts volume twice ) as it goes from ( seller or shorted ) to the Market maker, then Market Maker to buyer, actual trades from one person to another are 1/2 of what the volume shows. ( on the Naz, not the NYSE ) Alway divide by two looking at Nasdaq volume if you compare it to the NYSE, or before you think "wow she traded most all her float ) as taht's not so , still she did trade a bunch. Of the 16+M that went from one person to another on the retail side, my guess is 2/3 of that was short sells. So she is shorted up the yinyang, she won't stay down, not this low anyway. Jim Jim