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Technology Stocks : Powercosm : Gilder ,Huber-Mills , AMSC , IMG ,... CREE ...?

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To: Manx who started this subject10/13/2000 5:27:07 PM
From: donnacat  Read Replies (1) of 56
 
PWER joining S&P Monday
click on link to view chart and additional details

schaeffersresearch.com

PWER will join the S&P 500 Index (SPX – 1365) Monday after close, replacing Unicom (UCM – 52-15/16),
which has been purchased by Peco Energy (PE – 57-3/4). PWER is a manufacturer of power supplies for
electronic equipment manufacturers. The stock has rebounded by some 65 percent from its September lows,
which bounced off the level that marked an acceleration of the shares' uptrend in June. . .
Much of today's positive pricing action is most likely attributable to the buying pressure created by fund
managers of SPX index funds re-balancing their portfolios in order to mirror the index.
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