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


To: Ibexx who wrote (19672)4/4/1999 8:41:00 PM
From: t2  Respond to of 74651
 
IbexxWhy not do some homework before you post?

MSFT surpassed GE in market capitalization quite a while a ago and by a large margin--$468 B vs $365 B


I guess you misunderstood my post. I know they passed GE last fall. My point was that when that actually occurred, it increased the chances of MSFT being added to the DOW. It weakened the DOW in a way to have the largest cap stock not in the index. I had started posting a few months ago about the possibility of adding MSFT to the DOW without requiring the switch to NYSE for this precise reason.

It is also obvious that if MSFT gets added to the DOW and no switch is made to get listed on the NYSE, the symbol would remain MSFT. I don't think they will switch to the NYSE.

Here is the quotation you may have misunderstood:
However, I do expect to see Microsoft in the Dow Jones Industrial Average very soon!! IMO, the day MSFT passed GE in market cap, this became a serious probability

I am talking past tense here. It takes a while before the committees finally approve additions to the best of my knowledge. Maybe sometime soon, it could happen.