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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Boom-Ahead who wrote (21828)5/19/1999 10:35:00 PM
From: Shafik Habal  Read Replies (1) | Respond to of 27307
 
Genreally, when a company is taken out (either at the discretion of the S&P advisory committee or due to takeover/merger), the panel then votes on prospective candidates to be added to that particular index. At the moment, YHOO is neither a member of the S&P MidCap 400 or the S&P 500 (it would never qualify for the smallcap 600 with its huge market cap now). One thing to remember though, AOL was speculated to be added to the SPX forever (and it literally took that long). YHOO should be next, no doubt, but I wouldn't base my investment decision solely upon that. Fundamentally, I think w/ or w/out being added to the SPX, YHOO looks exceptionally for entry here.

Final note, for those curious about patterns in net stocks. A friend of mine emailed me a this morning and related the following:

<<CNBC had someone who researched the net stocks for 15 months..and what he found was this. Every quarter nets go first month 13% second month -4% third month of quarter +32%...we're almost done with 2nd month of quarter.>>

Now, I don't know about this particular person on CNBC and how they came up w/ those #s, but I did think that was kind of interesting. Come to think of it, my own trading record generally dips in the months of Feb, May, Aug, and Nov. Perhaps there is something behind that CNBC guy's analysis...who knows.