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Strategies & Market Trends : Value Investing

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To: Wallace Rivers who wrote (9187)12/8/1999 3:13:00 AM
From: S. maltophilia  Read Replies (1) of 78669
 
<<BTW Yoohoo has ttm sales of 267 mil., and a PE well north of 1000. Good stock for widows and orphans...>>

If you have an index fund in your 401K, you will be a proud owner of YHOO. The more shares the index funds buy, the higher the stock goes. The higher it goes, the more the index funds have to buy each time the index is rebalanced. The more shares the funds have to buy........
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