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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: HeyRainier who wrote (784)	4/24/1998 11:36:00 AM
From: Rono	Respond to of 1720

Ranier, Nextel Communications was added to the S&P 500 on March 30th of this year. It traded 37,000,000 shares and climbed about 12%. I enjoy lurking on your sight. Keep up the good work! Ron

To: HeyRainier who wrote (784)	4/24/1998 11:55:00 AM
From: majormember	Read Replies (1) \| Respond to of 1720

Rainier, Out yesterday 3/4 SNRS holdings @ 8 1/4, Back in today @ 7 7/8...that's not like me to "trade" this one, but I do feel good about it... Regards, Skane

To: HeyRainier who wrote (784)	4/24/1998 6:01:00 PM
From: FJV	Read Replies (1) \| Respond to of 1720

[S&P LISTING] Hi Rainier, It is logical that a new listing on the S&P 500 would be initially beneficial for a stock due to all of the interest exhibited by index fund managers. Wouldn't it also stand to reason that since the float would be more institutionally biased, that the same stock would be more vulnerable in a severe correction than prior to having been listed? Increased exposure to index funds would tend to accelerate and exaggerate movements to both the up and down side due to heavier program related and block trading activity. If one believes, therefor, that a down draft is imminent, the S&P listing, while prestigious and an advantage over the long term, creates additional S/T downside risk IMO. Your thoughts. TIA