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01/19/05 12:23 PM

#347238 RE: Zeev Hed #347236

(CNCT) In 2004, 29 NASDAQ stocks were added to the S&P 600. On average, they gained 7.5% from announcement to addition, 2.4% from the open on Day 1 to addition, and 1.3% on the actual day of addition.

S&P additions used to be very profitable plays, but they are much less so, these days...