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To: ysell who wrote (20146)4/14/1999 11:45:00 AM
From: RG  Read Replies (1) | Respond to of 37507
 
Ysell,
Will you please expand on "risk of not being included in index" please.



To: ysell who wrote (20146)4/14/1999 11:53:00 AM
From: Crazy Canuck  Respond to of 37507
 
>>Apparently there are no rules on this, except that some funds are hesitant to start to accumulate shares the moment the announcement is made because there is always a risk that the company will not be included in the index. <<

I tell you, I sure as hell wouldn't want to be the one mutual fund manager who decides to wait to purchases some shares in this company. If they wait too long, (now a matter of days), and this stock is halted pending the news of the NASDAQ listing, then they could conceivably miss out on the major push up.

Well, that is a gamble that I wouldn't take. But hey, many of the funds returns have been sooooo good that they don't really need this right now do they! LOLOL

Crazy Canuk