On some frequencies, (such as airband or vhf-hi) you may get better reception by shorting out the loading coil and using it as a plain telescopic. You can do this by pushing the element just above the coil back down inside the coil by about a quarter-inch or so until you feel some resistance at the internal shorting points.
UPDATE for airband usage on dual-conversion scanners like the Pro-404!
The main resonant point of the RS telescopic when fully extended is about 45 mhz as seen on a Comet CAA-500 analyzer. There is also another narrow and less-efficient resonant point at 128 mhz when fully extended. But this basically means that there is no reason for the coil to be inline, and the shorting trick mentioned above to remove the coil results in a better airband signal.
However, having that less-efficient resonant point when fully extended for airband use also results in a large amount of off-frequency reactance which may really help out when using dual-conversion scanners like the original posters Pro-404.
Even though I'm not a fan of dual-conversion scanners, I recently purchased a Pro404 (aka GRE PSR100) for a specialized use, and found that when fully extended, the RS telescopic whip on airband acted very much like an airband passband filter with perhaps a 3-6db insertion loss due to the coil reactance.
Pagers near 153mhz, NOAA wx, even FM broadcast were attenuated to a degree (as measured on my Icom R20). Flamethrower-strong image signals still made their way through, but a vast majority of annoying out-of-band squelch-breakers went away.
In the end, good scanners with triple conversion may benefit from the coil-shorting technique. Dual-conversion scanners dealing with image interference may benefit from leaving the whip fully extended with the lossy coil inline - a slight decrease in wanted airband signals is compensated by also attenuating the out of band image carriers more than a standard whip does.