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Technology Stocks : JDS Uniphase (JDSU)

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To: Cyrus Mashhoodi who wrote (6471)2/18/2000 5:37:00 PM
From: t2  Read Replies (2) of 24042
 
Cyrus, I would point out that JDSU is now a very big part of the Nasdaq 100, it drops while stocks like SDLI and GLW go up. (the other components makers).

These do not fall victim to heavy selling of the Naz100 the JDSU does. The large market cap has made JDSU a big part of the Nasdaq100 (even though it is not really a market weighted index).
Does anyone know when that index gets rebalanced. I can image JDSU weighting increase at the next review. I have also noticed we are getting a lot of Nasdq100 index funds starting up---I have seen it start to happen in Canada and these are considered Canadian content believe it or not!!! Might even replace the S and P 500 index fund that are very popular in Canada since they get around the foreign content rules in Canada.

S and P 500?? Who needs them. <ggg>
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