SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Labrador who wrote (12959)12/23/1998 12:16:00 PM
From: Cosmo Daisey  Read Replies (3) of 13594
 
bob,
"""Question -- Now that AOL is added to the S&P 500, how many shares must funds buy to
satisfy the demand? someone posted this question on Yahoo but no one responded. Is it
millions? """

It depends on the individual fund. The funds will purchase the "weighted" amount to balance their fund to mirror the index. You can figure it out by looking at the cap of the fund and the weight of AOL in the S&P. This is a guideline because the funds don't necessarily have the exact composite makeup, they may be longer the movers and have less of the poor performing stocks. However the target price for AOL was just raised by a German brokerage to $160.00 so the funds may want a stronger position in AOL. In any case, it looks pretty good for AOL.
cdaiseyPhD@heliopause.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News