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Technology Stocks : Lucent Technologies (LU)
LU 2.675-1.3%3:59 PM EST
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To: Jeff Jordan who wrote (16077)9/15/2000 12:59:32 PM
From: GVTucker  Read Replies (1) of 21876
 
Jeff, a half apology.

Apparently S&P may be rebalancing the index after the close today. If a company replaces another company with a smaller market cap, then LU's relative weighting will indeed increase. This doesn't happen often, but it does every now and then. I imagine that CNBC might be speculating on new companies in the index and their impact on everyone else.

Sorry I put up a misleading post there.
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