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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Ibexx who wrote (19660)4/4/1999 5:40:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
Ibexx, The rumor that MSFT has declined the addition to the NYSE would be reason enough for it to be included in the DOW 30 (assuming the refusal by MSFT is accurate).
My guess is that NYSE tried hard to lure Microsoft but had to give up. The Dow has been losing some of its importance given the attention paid to the Nasdaq recently. Adding MSFT and INTEL would again allow it to be representative of the biggest of the big cap stocks. This is what the Dow 30 should be anyways.



To: Ibexx who wrote (19660)4/6/1999 12:47:00 AM
From: Gerald Walls  Respond to of 74651
 
There are apparently flexibilities and advantages to senior mgt to remain on the NAZ, I am told.

I believe that one of them is that while you can easily apply to be listed on the NYSE it requires a super-majority shareholder vote to leave it.