How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 496.92

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Nov 7 9:30 AM EST

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To: Catcher who wrote (15304)	1/31/1999 12:43:00 AM
From: J Krnjeu	Read Replies (1) of 74651

<<<posters on aol thread seem certain that mut fund mngrs will want to reflect sizeable holdings in aol by 3-31>>> That's because AOL was added to the S&P. That addition gives AOL credibility were as yahoo, lycos, amazon and etc. are not in the S&P. Many funds are required to follow the S&P and have to buy in. Vanguard funds are still buying in and don't expect to complete until mid year according to them. They want to buy at a better price but what is a better price than today's price. This is just one fund, there are about 8000 mutual funds out there. Thank You JK

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