Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 139.59

-6.2%

3:59 PM EST

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To: Q. who wrote (7364)	11/25/1998 5:47:00 PM
From: tnsaf	Read Replies (1) of 10921

<<Geoff, the SOX is weighted by share price, not market cap. Intel counts the most only because it has the highest stock price among the index components, not because it has the highest market cap. If Intel were to split its stock in half, then Rambus would have a greater weight than Intel. Which seems a little arbitrary, doesn't it?>> John, if you look at the document addressed by your URL you will find that each component has a weighting for its contribution to the index. If a stock splits, its weighting would be adjusted to keep its contribution the same. For a description of the index see phlx.com From that page: "The index was set to an initial value of 200 on December 1, 1993 and was split two-for-one on July 24, 1995; options commenced trading on September 7, 1994." Jason

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