هيا بالله ايش يعنى ذا الكلام ؟؟

الموضوع في 'السوق الأمريكي للأوراق الماليه' بواسطة nona$, بتاريخ ‏18 أكتوبر 2001.

  1. nona$

    nona$ عضو جديد

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    ‏31 أغسطس 2001
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    Nasdaq Reshuffle Will Reduce Technology Presence: Taking Stock
    By Josh P. Hamilton


    New York, Oct. 18 (Bloomberg) -- 3Com Inc., Ariba Inc., CMGI Inc. and other computer- and Internet-related stocks are likely to be removed from the Nasdaq 100 Index when it has its annual adjustment.

    Health-care companies such as Cephalon Inc., ImClone Systems Inc. and Sepracor Inc. will likely make up the bulk of the replacements in the index, which has served as a benchmark for large technology companies, according to Murali Ramaswami, Lehman Brothers Inc.'s global head of equity derivatives research.

    In a report to clients, Ramaswami forecasts the removal of 16 technology companies from the 100-stock index when the Nasdaq Stock Market adjusts the membership in December. Only one of the likely additions, Symantec Corp., is a computer-related firm.

    ``It's the end of the more speculative so-called new-economy era,'' said Donald Selkin, chief market analyst at Joseph Gunnar & Co. ``It symbolizes the fact that stocks like Ariba and CMGI are practically down to zero. These stocks will never again achieve their market capitalization of a couple years ago.''

    Because the Nasdaq 100 is supposed to include the largest non-financial stocks in the Nasdaq Composite Index, companies whose market values have surged, such as pharmacy-benefits provider AdvancePCS and Apollo Group Inc., owner of the largest for-profit U.S. university, are most likely to be added.

    Firms whose value has plummeted, such as networking- equipment maker 3Com and Internet-commerce software maker Ariba, will probably be removed, Ramaswami said.

    Software maker Microsoft Corp., the second-largest company by market value, will remain in the index, along with other bellwethers such as chipmaker Intel Corp. and software maker Oracle Corp.

    `Less Idiosyncratic'

    Still, if the changes go as Ramaswami projects, the weighting of drug shares in the Nasdaq 100 will rise to 15.8 percent from 12.9 percent. Computer software will fall to 23.1 percent from 23.9 percent, semiconductors to 16.3 percent from 18.5 percent and computer hardware to 8.8 percent from 9.9 percent.

    ``The reconstituted index will be less volatile,'' Ramaswami said in an interview. ``It will be less idiosyncratic or stock specific, and more broad based.''

    While that may reassure some investors, who've seen the index tumble 72 percent from its March 2000 high, the changes also will affect the most actively traded equity issue, the Nasdaq 100 exchange-traded fund, known as the ``Triple-Q'' for its stock symbol, QQQ.

    Exchange-traded funds seek to track the performance of an index, while trading throughout the day like a stock. ETFs have become popular because they allow investors to speculate on the index's direction during a trading day.
     
  2. ابو عبدالمحسن

    ابو عبدالمحسن عضو جديد

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    ‏31 أغسطس 2001
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    السعوديه
    ؟؟؟؟؟؟

    وينك رامي سهم


    افزع للبنت علمها وش السالفه
     
  3. nona$

    nona$ عضو جديد

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    يعنى ايش لما تطلع ها الشركات
    Also, portfolio managers who are prohibited from using futures and options to bet on a decline in the indexes can use the ETFs instead.

    This year, an average $2.96 billion in QQQ shares have traded daily, 22 percent more than the second most-active stock, Microsoft, Lehman data show.

    $20 Billion

    About $20 billion is invested in QQQs and mutual funds that benchmark against the Nasdaq 100, Ramaswami said. Removal from the index is almost certain to pummel the stocks further, as managers who try to mimic the Nasdaq 100 dump shares of companies leaving the index and buy the additions.

    Technology shares' reduced weighting in the index may diminish the QQQ's effectiveness as a tool for technology investors.

    ``It won't be so easy to buy a basket of tech stocks and hedge by selling the QQQs,'' or to buy the QQQs as a proxy for technology shares, Selkin said.

    Ramaswami agrees. The change could lead investors to increase their use of other technology ETFs, such as the S&P SPDR Select Technology shares or the iShares Dow Jones Technology ETF, he said.

    Potential Additions to the Nasdaq 100:
    AdvancePCS
    Apollo Group Inc.
    CDW Computer Centers Inc.
    Cephalon Inc.
    Charter Communications Inc.
    Cytyc Corp.
    Enbridge Inc.
    Express Scripts Inc.
    First Health Group Corp.
    Icos Corp.
    ImClone Systems Inc.
    Invitrogen Corp.
    Lincare Holdings Inc.
    Sepracor Inc.
    Sigma-Aldrich Corp.
    Symantec Corp.

    Potential deletions from the Nasdaq 100:
    3Com Corp.
    Ariba Inc.
    Broadvision Inc.
    CMGI Inc.
    CNET Networks Inc.
    I2 Technologies Inc.
    Inktomi Corp.
    Level 3 Communications Inc.
    McLeodUSA Inc.
    Metromedia Fiber Network Inc.
    Novell Inc.
    Palm Inc.
    Parametric Technology Corp.
    RealNetworks Inc.
    Vitesse Semiconductor Corp.
    XO Communications Inc.
     
  4. ابو محمد

    ابو محمد عضو جديد

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    ‏31 أغسطس 2001
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    يبغون يطلعون شركات ويدخلون شركات في ناسداك100 ويغلب على الشركات اللي بتطلع الطابع التكنولوجي واللي بتدخل الطابع الصحي وحيكون التعديل هذا في سبتمبر
     
  5. رامي العتيبي

    رامي العتيبي مستثمر دولي

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    ابو محمد ما قصر


    تيب يا ابو عبدالمحسن اراويك
     
  6. مافي مثلي

    مافي مثلي عضو جديد

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    اول شئ فهمت انه هذي الاسهم بشيلوها من نازداك مره وحده خفت على السهم الموجده فيها اشلون سوف نتدوالها ولكن بعدين فهمت ايش المقصود.

    ثانيا كيف سوف يتم احتساب المؤشر عند تغير الاسهم؟؟ هل سوف يتغير مؤشر النازداك جذرا؟؟ بحيث انه قيمته قبل التغير سوف تكون بلا فائدة مقارنة بعد سعر التغير؟؟؟
     
  7. مورغان

    مورغان عضو جديد

    التسجيل:
    ‏6 سبتمبر 2001
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    مكان الإقامة:
    السعودية
    سبق ان كتب بالمنتدى عن نفس الموضوع
    ال QQQ هو ETF : أي محفظة ماليه قابلة للتغيير يعني كل فترة معينه يبدلون الاسهم الي فيه .
    وبالنسبه للسهم المذكور - QQQ nazdaq100 - وقت التغيير هو شهر 12 ديسمبر من كل سنه .
    والكلام الي موجود فوق هو مجرد تخمينات وتوقعات عن ماسوف يحذف وماسوف يضاف من اسهم داخلة فيه. ولم يتم حذفها او الاعلان انها سوف تحذف حتى الأن.
    لكن توقعات يجب أن تؤخذ بالاعتبار !