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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?


To: Stan V. who wrote (2853)6/22/1999 10:14:00 AM
From: Trader Dave  Read Replies (1) | Respond to of 6974
 
It's a meaningless event in any circumstance. uniphase just joined the nasdaq 100 and went up 5 points for 5 minutes and closed even for the day.

There are very few funds tied to the nasdaq 100 so an entry into the index means nothing from a money flow perspective.

Entering the S&P 500 on the other hand is a VERY big deal, but we are years away from that (if ever) with SEBL.

TD