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Technology Stocks : JDS Uniphase (JDSU)

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To: TigerPaw who wrote (7228)3/7/2000 5:59:00 PM
From: t2  Read Replies (3) of 24042
 
TP, That could be true but when it is a company worth over 100 billion, I can see a lot of buying. The funds may not have bought Yahoo but look at what happened when it got added.
I bet these funds can decide to not add the Harley Davidson (or other such value stocks) type of stocks when they get added but I doubt they would put off buying JDSU. Instead, I can see a panic to buy developing.

There would be a lot of buying pressure over a period of time--even weeks after it gets added.
I would note that these funds are measured on their ability to track an index.

At this point, i would think Veritas is an automatic but JDSU a strong possibility.
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