A Discussion re. Memory: MU CY TXN ALSC IDTI ISSI etc. Message Board

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Technology Stocks : A Discussion re. Memory: MU CY TXN ALSC IDTI ISSI etc.

TXN 160.49

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Oct 30 3:59 PM EDT

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To: mike kennedy who wrote (112)	12/19/1996 10:56:00 AM
From: Jaime H. Ayalde	of 138

Mike, <Hardy,Bad News? No!,It probably wasn't doing enough volume in Philly so they took it off.> No volume in Philly? They took off IDTI and CY, right? CY trades in New York and IDTI Nasdaq. In Philly only the options trade. So you think IDTI & CY are not doing enough volume? They both average well over 1 Million with caps over 1 Billion. I must have misunderstood your point. I believe taking a CO. from a closely followed index is very important. I think it is worth 2 points. This week, Index funds were forced to liquidate IDTI & CY from their portfolio. Being a part of in an Index fund has the benefit of reducing float and brings in buyers as they receive funds. They most stable inflow of money is from Mutual funds these days. Regardless, Both CY & IDTI will trade up on the emergence of this new up cycle. Good Trading

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