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Morningstar said the way to get rich is to buy what the indices are dumping if the dumpees do not have huge fundamental problems. The Nasdaq 100 is making a change on Xmas Eve. Getting dumped are Ariba, Broadvision, CMGI, CNET, Coms, Inktomi, Level 3, Mcleod, Metromedia Fiber, Novell, Palm, Parametric Tech, and RealNetworks.
I remember them talking about the S&P indices, are you sure that they included the Nasdaq 100, which presumably has much less actual index ownership of shares?
Regards, Don |