WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 166.30

-4.7%

3:59 PM EST

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To: Ausdauer who wrote (25477)	4/1/2004 5:14:53 PM
From: Art Bechhoefer	Read Replies (1) of 60323

Eliminating Kodak, International Paper, and AT&T from the Dow Jones Industrial Average is interesting and unusual for several reasons. Most of the time a stock is removed because of a merger. Rarely is it removed because it's a dog. Now we have three dogs being removed in favor of some new entries that may have a better chance of becoming the cat's meow. What a way to boost the DJIA! Note that if the DJIA performs better for the rest of the year, it may have little to do with the economy in general but a lot to do with the fortunes of the 30 component stocks. The decision to place SanDisk in a major index might reflect the same reasoning. Art

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