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

To: tonyt who wrote (19682)	4/4/1999 10:26:00 PM
From: t2	Respond to of 74651

tonyt, I guess they are still hoping--whether it is now or 5 years from now. Who know? Maybe the two markets will merge in the not too distant future. I guess it does not hurt to reserve the two symbols just in case. I guess there is a lot of politics involved in considering adding Nasdaq stocks to the DOW. It is just that MSFT's market cap just got so big that there are growing pressures to counter the tradition of keeping the DOW 30 an exclusively NYSE game. They just can't ignore it anymore. I feel these pressures are going to keep building. If they still don't add it, I believe the DOW will start losing some of its lustre---i think it has already happened to a large degree. This fear will cause the committee which decides to seriously consider adding Nasdaq stocks. I think they would limit it to MSFT (with a chance of Intel) ---they will adding only extraordinary companies in the Nasdaq. Otherwise they will stick to NYSE stocks which is the tradition.