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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD)
BRCD 12.730.0%Nov 20 4:00 PM EST
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To: E_K_S who wrote (1491)12/12/2003 8:01:56 AM
From: Capt   of 1583
 
The way I understand it, these index funds can't liquidate until after the list comes out, as the successor companies were not yet announced. Now that the list is known, they have until the 19th to reposition company ownership.

They have a fairly good idea whick companies are going to be removed, as the index is supposed to contain the 100 largest nasdaq companies based on market cap as of the end of October 2003.
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