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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: JC Reddy who wrote (12920)12/23/1998 2:52:00 AM
From: Larry S.  Respond to of 13594
 
JC, AOL's inclusion in the SP 500 is significant for two reasons: 1. many shares will have to be bought by index funds, this will create a lot of buying power in a stock that is already in a major uptrend. and 2. it gives, perhaps belatively, credence to the internet stocks. You are correct that AOL's float differentiates it from ebay, amzn, etc. i think aol will blast off over the next few days and weeks. AOL is now my largest position, passing CD in dollar value. larry



To: JC Reddy who wrote (12920)12/23/1998 5:51:00 AM
From: Dr. Arvind  Respond to of 13594
 
Hi! Can anyone tells me when the news for AOL "will add" into SP500 was announced, normally that should have been announced a few weeks earlier before it take effective.
I am a little surprised on this one.
Thanks


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