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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Jeffrey S. Mitchell who wrote (6770)	7/7/1998 12:04:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) of 10786

Re: The significance of ALYD possibly making the Russell 3000 Like clockwork each year, Frank Russell reconfigures its well-known indexes - including the Russell 1000 and Russell 2000 - as stocks get too small to remain or big enough to join them. Then, as index funds adjust their portfolios to match the new Russell indexes, the prices of stocks being added generally rise, while those being taken out fall. <snip> * If you were already thinking about buying a stock and it turns up on the "add" list on June 12, you might want to buy it as soon as possible -- because the price is likely to go up. And it is more likely to have good support over the long term, since being part of an index draws more attention to the stock. Source: pathfinder.com - Jeff

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