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Technology Stocks : JDS Uniphase (JDSU)

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To: Oliver & Co who wrote (11771)	7/24/2000 10:20:25 PM
From: Victor Lazlo	of 24042

<<I would think that for index funds the price should not be an important factor, when a company is added, it is for long term, they have to buy a certain # of shares which have to be held for a long term in their portfolios andas time goes by they have to buy or sell depending on the changes in weight of the index. >> They also have to sell & buy according to outflows and inflows of fundholders' money- after all, that is why they exist!

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