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Technology Stocks : Power-One (PWER)

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To: jhg_in_kc who wrote (221)	10/13/2000 1:20:33 PM
From: stock bull	Read Replies (2) of 285

Hi Jhg, Yes, I read that P1 is going to become part of the S&P 500. The buying that you are seeing today is due to the Mutual Funds that have S&P Index Funds, such as Vanguard. They have to buy P1 in order to keep their Funds in line with the Index. I can't say for sure, but I don't think we will see P1 hit the 90's before they announce their earnings. IMO, the MM's will want to see their numbers, and how well they did given the material shortages that have plagued the industry during the quarter. Of course, this is my opinion, and I could be wrong. Stock Bull

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