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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Burt Masnick who wrote (90955)10/26/1999 10:16:00 AM
From: Tony Viola  Read Replies (2) | Respond to of 186894
 
Burt, just thought of this (dumb question): do you know if moving a security to the DOW requires said company's approval?

Tony



To: Burt Masnick who wrote (90955)10/26/1999 12:40:00 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Burt, re: "adds to the universe of prospective buyers and holders of Intel"

In my case today changes my portfolio from zero DOW stocks to two DOW stocks.

Seriously, there is some esteem involved in a company being part of the DOW. Some retired folks and overseas investors probably feel more comfortable with the companies in the DOW. I suspect that over time you might see a little less volitility. I wonder if the media (especially the WSJ, owned by Dow Jones and Company) will treat Intel with more respect?

Also, it probably irritates the heck out of the AMD cult followers that love to hate Intel. So, all in all, I think very good news.

John



To: Burt Masnick who wrote (90955)10/26/1999 7:42:00 PM
From: Wanderer  Read Replies (1) | Respond to of 186894
 
Burt,

There are now funds that track the Dow 30. These funds will become buyers which can't hurt. The S&P funds cause a stock to go up considerably when it is added to the S&P. The Dow funds aren't nearly as large yet, but I think will become more popular over time.

Wanderer