Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: umbro who wrote (16120)	11/20/2001 4:07:07 AM
From: Steve Lee	Respond to of 18998

This will probably throw me a bit, because I am not familiar with the new stocks going in. Guess I will have to learn! However, I don't see them giving a big boost to the NDX/QQQ. The way the additions and deletions work means that a company has to already have grown to the point of being in the top 100 market caps of eligible companies before being added to the index. So QQQ misses out on the early, often fastest, growth. Yet the stocks falling out are often worthless, having declined into the realms of CH11, and taken QQQ holders' money with them. The QQQ trustee has to sell some MSFT, INTC, QCOM etc to be able to afford the new stocks coming in, cos the ones going out go for peanuts. Each time the index gets shuffled, the fraction "QQQ/NDX" gets smaller.