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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: tang who wrote (28136)	8/4/1999 1:05:00 PM
From: Michael Bakunin	Read Replies (2) \| Respond to of 41369

As was I. To spell it out: there is almost nothing indexed against the Dow. There is a ton of money indexed against the S&P, as well as a lot of 'closet indexing'. AOL has been in the S&P since January, and is still a major component of same. Almost all the indexed assets already own AOL; adding it to the Dow (which I doubt will happen soon, if ever) would give it plenty of publicity, and might therefore be associated with a pop -- but no assets of note MUST then buy it. -mb PS - nobody wins a flame war