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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: marketing1 who wrote (80482)	9/15/2000 11:49:13 PM
From: waverider	Respond to of 152472

I'd comment, but my Guinness is having problems on the keyboard. So what are your stats? LOL!!!!!! Very happy tonight.

To: marketing1 who wrote (80482)	9/16/2000 12:07:04 AM
From: Cooters	Read Replies (3) \| Respond to of 152472

I don't believe the F100 inclusion was the source, but I am unfamiliar with the size of index funds in Euroland. I'm sure they are behind in that stuff too. LOL! You can see and feel the sentiment changing. It is quite early in the process, indicating to me the bottom is in. We closed at a one month high today and are just a few points from a three month high. Small steps for a badly damaged stock. I don't think you'll hear about price targets to the south much longer. Cooters

To: marketing1 who wrote (80482)	9/17/2000 1:33:06 AM
From: S100	Read Replies (2) \| Respond to of 152472

Your question on the impact of the FOOTSIE Global 100 on the price of QCOM is an interesting one to me. The Financial Times has 4 full pages (in very small font) of "managed funds". There is no indication of the size of any of them and few seem to be index funds. Very few of the listed funds are USA funds. The following snips are from the FTSE site. snip The FTSE Global 100 Index is designed as a tradeable index on which retail funds and derivatives can be based. The Index comprises the top 100 companies by full market capitalisation that are constituents of the FTSE Multinational Index. The FTSE Global 100 Index will be calculated as an end of day Index in US Dollars only snip If a company joins the market with a significant difference between the share capital freely available for trading and that included in the indices, it can take several weeks before initial demand for index stocks can be satisfied. This can, in extreme cases, cause pricing distortions due to a short term shortage of stock. The objective of the new rule is to prevent such problems occurring. The new rule states that a stock must trade on the market for a period of at least 20 trading days prior to the date of the quarterly review of the FTSE index constituents, and turnover of a minimum of 0.5% of their shares in issue per month in each month. snip The requirement of 0.5 percent per month seems modest, QCOM with 750 M shares outstanding, would have to trade 3.75 Million shares in one month. That would be a very slow day. I certainly would not like to see that small amount for a month. Links ftse.com newsite.ftse.com A spreadsheet of the current components of the Global 100 and the weighting is at ftse.com Hopefully, QCOM will be in the spreadsheet of 18 Sept 2000. FWIW Nok is 2.4 percent, Vodafone 2.7 percent, Ericy 1.5 percent,and JDSU 1 percent.