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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.63+0.4%Nov 19 4:00 PM EST
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To: bobby beara who wrote (34476)12/1/1999 9:28:00 AM
From: pater tenebrarum  Read Replies (1) of 99985
 
Bobby, frankly, i'm not so sure that YHOO really belongs in the S&P - yet. the float is only 105 million shares, and while the stock sports a market cap of 60 billion, it's revenues are only a fraction of Laidlaw's which is being expelled.
then again, i acknowledge that YHOO is a leading brand name on the net and quite possibly the best of the bunch at this time.
still, S&P could at least have waited for the float to increase a bit...i understand they are bending their own rules in this case.

regards,

hb
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