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Technology Stocks : JDS Uniphase (JDSU)
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To: Gerald Walls who wrote (7197)3/7/2000 2:31:00 PM
From: t2  Read Replies (1) of 24042
 
Gerald, What got me thinking about a major overhaul of the S and P 500 being worked upon is that we had only one announcement this year while we were getting weekly changes last November and December.
I believe it is possible that the Dow revisions are probably being considered right about now. Cisco looks like a no-brainer in getting added to the Dow. These types of changes do not necessarily mean the stocks would get a big pop. However, time is not on the side of the committees that make changes the to Dow or S and P 500. That is why I sense an announcement for change(s) to the Dow and the possibility of numerous changes to the S and P500 being talked about right now.
Otherwise, the new benchmark will be the Nasdaq composite or the Nasdaq100 and the mutual fund families that have index funds (Vanguard etc) will introduce more and more Nasdaq 100 index funds.
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