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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: LLCoolG who wrote (2308)10/1/1998 4:23:00 PM
From: George L. Smith  Read Replies (3) | Respond to of 4509
 
>> This event is very good for PSFT provided that the S&P goes up. PSFT does not always follow the general market, but this inclusion will cause it to follow the general market much more closely. <<

Why would you say this? Once the index funds get into the stock there is no reason for the S&P to move the stock. It's the other way around isn't it? PSFT is now one of the driving forces of the S&P.