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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: isopatch who wrote (87567)2/17/2001 10:36:47 AM
From: k.ramesh  Read Replies (1) of 95453
 
How does the NAZ index work?
I know it is market cap weighted but,just by gut feel, a lot of the stalwarts seem to be even lower now than on Jan 1, yet the Naz is at 2400 and change instead of 2000 or so? Except MSFT in the mid 50's instead of 47, everything else seems lower, all the big caps)?
What is holding up Slider's much awaited Naz1800, and how painful is that going to be considering that CSCO after dropping form 50 to 28 does not have that many billions to give up in marketcap as 3 months ago.
Ramesh
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