Orbital Engine (OE) Message Board

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Technology Stocks : Orbital Engine (OE)

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To: James W. Bradsh who wrote (4819)	1/13/2003 10:41:21 AM
From: q39	Read Replies (2) of 4908

This could explain selling in AU the last couple of weeks in December while US buying continued, and the continued selling into this year. Index funds would be dumping. Any Australian index stocks (if they have any) would be selling as well. This is more likely, IMO, than the theory that Australians accepted the Synerject news cautiously. "Changes to the S&P/ASX indices in Australia announced on 13 December 2002 have benefited Macquarie Airports. The changes will take effect from 31 December. The airport fund's weighting in the S&P/ASX 200 will rise by 88 per cent to 0.17 per cent from the previous figure of 0.09 per cent. In addition, Southern Cross Broadcasting's rating will also rise, as will that of Iress Market Technology. New additions include the James Fielding Group, Australand Holdings and Macquarie Communications Infrastructure Group. Gone are Technology One, Solution 6 Holdings, Orbital Engine Corporation and Autron Corporation"

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