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


To: Brendan2012 who wrote (48747)2/24/1998 8:31:00 PM
From: Senthil Sankarappan  Read Replies (1) | Respond to of 58324
 
I think S&P can drop companies and add new ones. Existing companies are not assured of permanent position in S&P. Even DOW JONES dropped couple of companies and added HWP, WMT etc.

-senthil



To: Brendan2012 who wrote (48747)2/24/1998 8:32:00 PM
From: Naggrachi  Read Replies (1) | Respond to of 58324
 
<<Right, so occasionally they do have to add companies, and Iomega would be a candidate>>

Well, before you jump the gun, we first have to find out why HBOC was picked. I mean what were the reasons besides valuation? Do they rotate industries every now and then? Or is it really the 500 biggest companies in the US? I'm sure a company's beta goes into consideration, no? I mean you very rarely see a company trading on that list fluctuate more than 50% ever six months. I, somehow think that price stability is also a factor.

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