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Technology Stocks : Boeing keeps setting new highs! When will it split? -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (2699)3/17/2000 4:16:00 PM
From: Sam Citron  Read Replies (2) | Respond to of 3764
 
Doubled up my BA position near close ~ 36.5.

Expect it to test 40 next week assuming favorable news this weekend on ratification vote and end of rebalancing pressure. Also expect to see analyst upgrades on Monday.



To: Sam Citron who wrote (2699)3/18/2000 9:54:00 AM
From: larry larsen  Respond to of 3764
 
Sam,
Another factor considered when they rebalance the s&p500 index is the total shares outstanding which has diminished significantly. According to a report on CNBC yesterday morning, that pressure would amount to about 4m shares. Considering the overwhelming buying pressure at the close Friday, I would suggest that it was handled without too much of a problem.


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