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Technology Stocks : Personal Digital Assistants (PDA) -- Ignore unavailable to you. Want to Upgrade?

To: KevRupert who wrote (411)	10/31/2000 2:53:37 PM
From: mr.mark	Respond to of 817

i'm thinking it's not that significant. i read that someone from lehman's named whittacker said, "index fund managers who follow the Nasdaq 100 will only have to buy about 3.2 million shares of Palm". but this is not a bad picture. the benefits of being included into the naz100 would seem to me to go beyond any initial purchase by fund managers. it's not difficult to imagine private investors making selections based upon its inclusion in that index, for one thing. in addition, without questioning the numbers from attributed to whittacker, bear in mind that these are minimal amounts and the actual amounts could be greater. and institutions can add whenever they wish, no? and lastly, as a PALM long, would i prefer that PALM not be included in the index? yesterday i posted on the PALM thread that there was an approximate + 5.5 million share net position change in institutional ownership between friday 10/27/00 (48 million) and monday 10/30/00 (53.5 million). let's keep an eye on that. :) mark