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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Kayaker who wrote (8202)3/31/2000 3:57:00 PM
From: t2  Respond to of 24042
 
Have you noticed VRTS? Down 4 points now. S&P500 has done nothing for it.

There is a good reason for it. The Seagate deal is really making this one complicated. I would not be surprised to see a sling shot type of effect on VRTS at some point in time.



To: Kayaker who wrote (8202)3/31/2000 4:04:00 PM
From: Gerald Walls  Respond to of 24042
 
Have you noticed VRTS? Down 4 points now. S&P500 has done nothing for it.

Briefing.com sez:

15:56 ET Veritas Software (VRTS) 130 -15 1/4 (-10.5%): Word on the trading floors is that funds tied to the S&P 500 purchased VRTS yesterday, believing that issue would have a similar weighting to Yahoo (YHOO). Now talk is that VRTS's weighting will be significantly less than YHOO's, causing funds to reduce their position in the stock.


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