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


To: CAtechTrader who wrote (83349)10/12/2000 4:39:52 PM
From: A.L. Reagan  Read Replies (1) | Respond to of 152472
 
Re: Fund selling. Did MER's "Wireless Holders" fund or whatever it was ever get off the ground? Have paid zero attention since it was announced, ignorant as to whether it ever started trading.

Presumably MER had to load up some inventory first b/4 creating the derivative securities.



To: CAtechTrader who wrote (83349)10/12/2000 5:16:42 PM
From: waverider  Read Replies (1) | Respond to of 152472
 
How do you know those guys are selling so much? I can't imagine two funds could be responsible for much of the pressure by having to sell across the range of tech stocks.

In regards to Fidelity...I had a long talk with them today since I use them and no one there could find any Telecom Index fund in their offerings. Could you be more specific as to what you are talking about? They have two select telcom funds, but nothing relating to an index.

Rick