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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (3594)	7/9/1999 1:15:00 AM
From: JRH	Read Replies (1) \| Respond to of 54805

FranQ: Using _only_ the pure S&P 500 index funds, I get $106 billion in assets, as of the end of May, 1999. Since the S&P 500 closed at $1294.26 on May 30 and is now $1394.42, we'll grow the index funds by 7% (rather simplistic, yes. We are assuming no deposits/withdrawls from the funds). This leads to $113 billion. This is not the $180 billion he mentioned, but my numbers don't include near index funds (like Vanguard's Growth S&P 500 Index Fund, or something to this effect). This leads to 0.0019*113 billion = 2.147 million shares. So, Mr. Tam was pretty close to the right answer <g>. BWDIK.... Justin