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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Nadine Carroll who wrote (57959)4/28/1999 8:06:00 PM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
Well, thank you, too, since I had not looked at the exact composition of XLK for several months. The MSFT weighting must have increased. I agree with you that it's not something I'd short, but I guess I can stand that much. In a major decline even the biggest of the big and the soundest of the sound come down with everything else, and MSFT is nearly twice the P/E of the S&P and pays no dividends.