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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: avanti77 who wrote (8790)6/19/2001 9:54:31 AM
From: HandsOn  Read Replies (1) | Respond to of 11568
 
ICIX shareholders vote on WCOM merger at 10:00 am Today, should see some arbs close their positions Today to cover their WCOM short.



To: avanti77 who wrote (8790)6/19/2001 12:43:57 PM
From: Rubble  Read Replies (1) | Respond to of 11568
 
RE:index reweighting after the MCI spin-off

This would have happened the day MCIT opened. Not a couple weeks later.

I think this decline may have to do more with institutional or mutual fund selling rather than index rebalancing. Although given the light volume causing this decline, it could easily be a single entity causing the drop.


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