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Non-Tech : Providian Financial Corporation (NYSE: PVN)
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To: Softechie who wrote (124)11/6/2001 1:07:30 PM
From: grinder965  Read Replies (1) of 167
 
Doubt the funds have much left to sell. Vanguard funds had about 4.4 million shares at the end of Sept. when the stock was much higher. They've no doubt sold most of it to realign their SP-500 Index Fund due to about 90% of the market cap being wiped out. In fact I wouldn't be surprised if their forced sales helped contribute to the latest downdraft.
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