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To: jhg_in_kc who wrote (7061)10/30/1999 5:36:00 AM
From: Stevefoder  Read Replies (1) | Respond to of 9068
 
From what I have observed, when a stock is announced to have moved to the S&P 500, the stock makes an immediate step up in the neighborhood of 5%. The reason is that the market recognizes that the index funds will start to buy the stock regardless of the merits of the stock.

Contest: What will Monday's closing price be?

My entry = 68 5/8.