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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

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To: Christine Traut who wrote (33769)11/19/1999 11:16:00 PM
From: Dwight E. Karlsen  Read Replies (1) of 99985
 
Christine, re "I read on the Microsoft accounting protest site that MSFT's market weighting on the S&P is close to 40%."

I would rely more on Standard & Poors own web site, which states that as of Oct. 29th 1999, MSFT accounts for 4.24% of the S&P 500:

under "The top 10 issues by market value at October 29, 1999 were:"

Microsoft Corp rank 1 Mkt value (millions) $475,898 % of index 4.24

Further, we see that the top 10 issues in terms of market cap altogether account for 23.13% of the S&P 500.

It is most interesting to me though, that these same top 10 issues increased by an average of 29.2% ytd as of Nov. 1, 1999.

There are a lot more statistics about the S&P 500 at the page I got these stats from:
spglobal.com

Regards
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