techs NYSE most active

Here's the list of NYSE most actives today. I notice many are techs. Who's buying these things?

DJ NYSE Most Actives 9:30-4:00 Composite Trade
96,981,900 Nortel Network 1.790 up .150
75,527,100 Tyco Intl Ltd 11.410 up 1.310
45,122,000 Lucent Tech 2.970 up .260
30,048,100 AT&T Corp 10.910 dn .490
29,025,600 AOL Time Warner 16.050 dn .500
21,944,100 Agere Systems B 2.750 dn .250
19,845,900 Gen Electric 29.950 dn .250
14,232,000 Nokia Corp 12.000 dn .300
12,394,800 EMC Corp 7.220 dn .110
11,463,300 Pfizer Inc 35.350 up .850
11,235,500 Citigroup 41.700 up .700
11,065,700 Sprint PCS 6.960 dn .500
9,671,100 Cablevision NY Grp 14.390 dn .430
9,459,900 Corning Inc 3.970 dn .510
9,432,300 Williams Cos 8.590 dn .110

(END) DOW JONES NEWS 06-10-02
04:28 PM- - 04 28 PM EDT 06-10-02

 

There are a few guys in this office who absolutely love TYC scalping all day long.


We have another trader who only trades Citibank

and one of the firm's partners loves to scalp Lucent with size.

Robert

 

i figured there must be some of that going on.

 

but they are shorting.......and buying..........and flat by end of day

Robert

 

it's still volume, though.

 

also note that all but 3 of those stocks are priced under $20.