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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Brendan2012 who wrote (48737)2/24/1998 8:02:00 PM
From: Senthil Sankarappan  Read Replies (2) | Respond to of 58324
 
RE: S&P

Good question Brendan. I also asked about this to some people. i didn't get a solid answer but i found out that Standard & Poors has the sole authority to add/delete any company they want and it is not determined purely on the sales or market cap alone. Basically if S&P thinks IOM is a hot company to add in the index, they can. Someone give me more info since i think this info is bit vague.

Oh. BTW, MSFT got added to the S & P index only in mid 94. cisco was
added in 93 i think. ADBE which is < 1 Bil in revenue got added last year. I am not able to find a pattern here.

-senthil



To: Brendan2012 who wrote (48737)2/24/1998 8:12:00 PM
From: Naggrachi  Read Replies (1) | Respond to of 58324
 
<<? How is it decided which companies are added into the index--is it just market cap, or sales, or what? >>

From my limited knowledge, the only way I've seen a company added to the list is after a company that trades on the S&P is bought out or merges with another company. Only then, have I seen a company added to the list. The last one added, to my knowledge, was HBOC and that was due to the same reason.

I could be wrong.

Zead


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