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To: Vegas who wrote (9911)3/10/1999 5:12:00 PM
From: VincentTH  Respond to of 14162
 
JF,

SI has its own forum for the Sector SPDR's.

Subject 24440

If you would scroll to the early messages, there are descriptions about XLK (Holdings, Maintenance fees, etc....).
Barron's have an article about these vehicles a couple of issues back.
You can get an idea how the SPDRs work by visiting the AMEX web site, but I could not find the prospectuses for the sector SPDRs. I did request and receive the prospectus for the regular SPDR as the vanilla SPDR and its sector brethen are pretty similar.

I intend to use these investment vehicles in lieu of indexed and sector mutual funds for my IRA core holdings, since my IRA is with a broker that does not have mutual funds (Web Street).
Nothing special, I just feel that I should be more conservative with the little amount of money that the government allows me to save for retirement. I learned my lessons dearly, having tried to be too aggressive or too cute in my tradings <VBG>

Hope this helps,

//Ton



To: Vegas who wrote (9911)3/11/1999 1:25:00 AM
From: RDHickman  Respond to of 14162
 
In addition to SI thread - Talk, Market Trends: The New Sector SPDR Funds, there is an SI thread - Talk: Misc (Technology Select Stock)..Symbol: "XLK" which seems to have petered out, but has some worthwhile content. Find both by doing a SI Subject Search "XLK".
Also, Market Data Warehouse at - usdevelopers.com has has L.E.A.P.S Option Chains, including XLK, with "what if" projections. Check out the "Whats New" at their site. Note: MDW is also linked to IQC Corp's charts that Herm uses. Hope this helps. /Dick