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Technology Stocks : JDS Uniphase (JDSU)

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To: Alastair McIntosh who wrote (11693)7/21/2000 5:16:45 PM
From: TigerPaw  Read Replies (2) of 24042
 
index funds and at exactly the same time.
I don't believe this to be strickly true. Large families of funds which also include an index fund can transfer the stock from one family member to another (or from company owned portfolios). They are in effect borrowing the shares from another part of their company. The transaction is then reconciled by whatever internal procedures the company has at a later date. The purchase does not have to be made on the open market.
TP
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