JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Nichols who wrote (3495)	12/29/1999 11:43:00 PM
From: t2	Read Replies (2) of 24042

One more time---re: s and p 500. There is nothing stopping S and P from adding JDSU since it is an American company and not Canadian. In addition, even non-American stocks can be added if they meet additional requirements. Example is NT--in the 500.. IMHO, the reason it is not being added is that the revenues are still below 1 billion per year even though the market cap is ever increasing. Notice the revenues of the company being added---billions even though the revenue growth is negative. S and P has to consider all factors in addressing additions. If you wish, i will provide a link to s and p for you to look at the criterea used for additions/deletions. When yahoo got added, it cleared away the JDSU to be added. That is what excited me about the yahoo addition. It means that S and P will not rule out speculative stocks from being added. Due to its market cap, the Yahoo addition caused quite a stir. Now JDSU market cap is about the same as yahoo PRIOR to the announcement of it being added----very high for non-S and P 500 stocks.. We know what happened when it did get added. Again, i would like to stress that JDSU is not a Canadian company---it is American. Well i still consider it a Canadian company in my hear.<g>

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