SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alan Whirlwind who wrote (3820)3/14/1999 1:58:00 PM
From: Les H  Read Replies (1) of 15132
 
With Hewlett-Packard restructuring its stock into two, there's the possibility for another stock to potentially replace it in the Dow. As longs as one places the right stock in the index, the index can go higher. The main indexes, such as S&P and Dow, are not representative of companies or the economy, but merely actively managed portfolios.

The indexes are considerably different in composition than they were in the 60's and 70's. They had more declining smokestack industries in the indexes back then. Even some of the heavy manufacturing companies in the indexes are less susceptible since they've moved manufacturing overseas. There's also been a lot of mergers and acquisitions in the 80's and 90's, and the indexes are undergoing a lot of change.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext