How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.46

-1.7%

3:59 PM EST

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To: Jake0302 who wrote (13675)	12/31/1998 3:30:00 PM
From: Gene Weisskopf	Read Replies (4) of 74651

>>C'mon. S&P FIVE HUNDRED. As in FIVE HUNDRED stocks. As in AOL = >>1/500 (or maybe 1/250, depending on weighting) of the average. FYI, the S&P 500 is a market cap weighted index. Thus, the bigger you are, the more you move the average. The top 50 in market cap (GE, MSFT, PFE, etc.) have more influence than the rest of the 450 stocks. Adding AOL (with its huge market cap) will make the Index much more volitile than before. Have a happy new year.

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