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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: bambs who wrote (7574)	10/25/2000 10:35:22 AM
From: The Phoenix	Read Replies (1) \| Respond to of 14638

bambs, No what.. we dont' care what you think.

To: bambs who wrote (7574)	10/25/2000 10:40:49 AM
From: michael a. rowe	Respond to of 14638

<<<Index fund managers will have to sell NT just like they had to buy it. They will have to sell NT to reflect is lower weighting in the TSE 300. >>> you obviously have no understanding of the market....must be nice to be so stupid

To: bambs who wrote (7574)	10/25/2000 11:12:50 AM
From: Master (Hijacked)	Respond to of 14638

Actually genius, it's the reverse. Fund managers may have to buy more.

To: bambs who wrote (7574)	10/25/2000 11:53:37 AM
From: jack bittner	Read Replies (1) \| Respond to of 14638

i wouldn't grace this one with the word "thought". it's just an unknowledgeable youngster trying out words in the hope that he'll hit on something. when the makers of an index decide to put a stock on their index - to make up, say, 1% of that index - then all index funds must buy enough of that stock to equal 1% of their funds. those purchases drive the stock up. the stock that goes OFF the index because it was replaced IS sold, and it falls. once on the index, and consequently in the index funds, the change in the price of the stock will - of course - automatically reflect that that stock is worth less. the funds neither have to buy more stock if the price goes up, nor sell stock if it goes down.