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To: 16yearcycle who wrote (24554)11/30/1999 9:11:00 PM
From: Director  Read Replies (4) | Respond to of 27307
 
Look at the close below...

Down 13 3/8. The S&P addition will boost the price artificially, even the S&P admits that arbitrageurs will rule in the short term, trying to squeeze everything they can out of this, but after a few days, it will not affect the price... with a stock like YHOO all of this will happen sooner than "a few days". It could peak tomorrow and sell-off in the afternoon if the market is still in correction mode. Standard & Poors says that a 3 to 6% rise in price is the norm after they announce an addition. Here's the link to some interesting facts about the S&P.

spglobal.com