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To: PHG who wrote (5365)	3/30/1998 7:59:00 PM
From: Ben Wood	Respond to of 10227

. Approximately $625 billion is currently indexed to the S&P Equity Indexes, including $600 billion indexed to the S&P 500, $20 billion indexed to the S&P MidCap 400, and $5 billion linked to the S&P SmallCap 600...................... How does the math work? Twenty billion divided by 400 seems a lot smaller than 600 billion divided by 500. Won't they have to buy a lot of shares???? .......... Al Gutkin how about some help with the math!!.....Ben

To: PHG who wrote (5365)	3/30/1998 8:20:00 PM
From: Mark McLeod	Respond to of 10227

Phil, ah yes, like sunshine on a cloudy day. Mark