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Technology Stocks : LSI Corporation

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To: DavidG who wrote (17799)4/8/1999 1:59:00 PM
From: sea_biscuit  Read Replies (2) of 25814
 
I guess Dippy just needs some of us to just keep convincing him to hold off on selling for as long as possible.<g>

He has the strangest investment strategy of anyone I have ever known.<vbg>...


Yeah, very strange indeed! I believe the strategy is called "Buy low; sell high" <G>

Btw, talking about "buy low; sell high", does anybody have any opinions or comments regarding the new Nasdaq 100 instrument, QQQ? It is said to be based on a "modified capitalization-weighted" index, i.e. if ever any of the components exceeds 24% of the index, the index will be rebalanced by selling just enough of the component's shares until it falls to 20% of the index. Also, if the total of all those components that exceed 4.5% of the index goes over 48%, there will be a rebalancing exercise that will ensure that the total weight is brought down to 40%.

I do like the "buy low; sell high" effect that the rebalancing will have. Any comments?
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