SI
SI
discoversearch

Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  
To: hdl who wrote (2005)12/21/2001 10:05:23 AM
From: Suzanne NewsomeRead Replies (1) of 2110
 
The rebalancing of the NASDAQ 100 seemed to be pretty painful. I just listened to the ON24 audio report. Apparently, the rebalancing is a mechanical procedure in the sense that the 100 stocks are the top 100 companies as measured by market value. If a company falls out of the top 100 due to stock price erosion, they are out of the index. What is left unsaid here is that if ARBA's stock price goes back up, the company could rejoin the index.

Parenthetically, ARBA seems to be putting out some good news with the results of their latest product. Also the news just released by IBM about a partnership is certainly good news. There still seems to be hope that ARBA is going to make a comeback on a fundamental basis.
Report TOU ViolationShare This Post
 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  

Copyright © 1995-2014 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.