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Technology Stocks : LEGATO SYSTEMS LGTO

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To: Toby Zidle who wrote (279)1/2/1999 1:27:00 PM
From: Mark[ox5]  Read Replies (2) of 1138
 
Hi there--just wanted to chime in I really like this stock, have had a small position here now and then and will probably re-enter early this week.

Don't underestimate the fact they are going to the S&P Midcap400.. I believe I heard on CNBC they are actually taking AOL's old spot.

There are now index funds for every sort of index, Russell 2000, SP Midcap400, SP500, etc... so a lot of institutional money will be entering the stock (and I believe already has if you look at the volume Friday)

Also it split last time in the upper 60 area.

As long as earnings are on par we should be in great great shape here.

Good luck,
Mark
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