Clarification from Russell
They really are friendly , helpful and quick over there , I just got an email back from Russell.
The free float adjustment is in fact done after the top 3000 companies are determined based on market cap. as of 5/30/08 ... so no worries on that score ... unjust they aren't!
Now it just remains to be seen if TIV's market cap. can in fact be 'caught up to' by a 'falling Russell'.
I'll re-work the spreadsheet removing the 'Free Float' sections , along with adding info on how much lower than last year the market cap. of Company Number 2000 in the Russell 2000 has to be for TIV to get in this year.
jonesie
p.s. Thanks again gumshoe for bringing up the apparent 'unjust'-ness of my original interpretation of the free-float methodology.
Yorkville / Cornell Tracking Board #board-9964
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