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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: JDN who wrote (20055)7/7/1998 12:12:00 PM
From: Esoteric1  Read Replies (1) of 31646
 
HOPEFULLY THIS APPLIES TO TAVA!

To: Jeffrey S. Mitchell (6770 )
From: Jeffrey S. Mitchell
Tuesday, Jul 7 1998 12:04PM ET
Reply # of 6773

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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