PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: Melissa McAuliffe who wrote (2305)	10/1/1998 3:23:00 PM
From: Marq Spencer	Read Replies (1) of 4509

Melissa, As Lutz said, each index mutual fund has its own rules defined in the prospectus. Some have to follow the index closely, others do not. Even those that do follow the indexes, have some flexibility in assigning weights to their portfolio, and differing policies re. time-frame to adjust those weights. For example, if they need to have 2% of their capital in XYZ, and currently they have only 1.5%, they may take their own sweet time to increase it to 2%. So, the short answer is "Depends." <g> But adding the stock to the S&P500 can only be positive for the company due to increased demand from index funds. - Brian.

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