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Non-Tech : Providian Financial Corporation (NYSE: PVN)
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To: Softechie who wrote (124)11/6/2001 6:20:50 PM
From: Marty Rubin   of 167
 
the old ceo is still there, and will be acting ceo until the end of the year (please double check with press release). i think index funds can change their holdings before such actions are taken, so the question is "do they still have shares to sell?" I guess it depends how long it takes s&p to drop them. in GX's case, it took little time, in which case it was a falling knife until a week after being dropped. here we are going into a second week, mostly sellers, and no news.
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