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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (31632)5/31/2000 4:07:00 PM
From: Stephen  Read Replies (1) | Respond to of 50167
 
OX, I don't know if this is the case, but if a fund is trying to marry its performance with the DJIA, and MOT is splitting 3-1, then that fund would want to sell two thirds of its MOT holdings. Same story with EMC perhaps (2-1 split).

I do know from watching some of the techs yesterday that the switch by the big players from tech to other defensive sectors continues.... even as the stock prices were rising.

Stephen