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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Michael Ulysses who wrote (31206)10/28/1999 9:03:00 AM
From: Eylon  Respond to of 74651
 
The Dow is a very strange animal. All companies are treated
thae same but the higher price stocks contribute more to the
Dow. A back of the envelope computation I made shows that
if they made this change (the same eight companies involved)
five years ago, the Dow today will be about 800-1000 points
higher.

Eylon



To: Michael Ulysses who wrote (31206)10/28/1999 10:29:00 AM
From: Michael Ulysses  Respond to of 74651
 
It does want the index to be...
"Dow Jones & Co. is on the side of MSFT and legal reform...If MSFT's legal troubles played into the decision to add that company to the DJIA, I believe that Dow Jones & Co. may have been trying to underline the importance of that company to the country...Dow Jones & Co. may have been indirectly trying to help MSFT a bit with its legal woes..."
ragingbull.com


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