Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (9926)	11/18/1999 5:37:00 AM
From: Justa Werkenstiff	Respond to of 15132

Wally: Re: "It was mention by another SI poster, OX, that every 100 point move in QCOM was about a 150 point move in the NAZ 100 index, which of course effects the NAZDAQ similarly." I think there is a mistake in the premise. I checked the NASDAQ 100 weightings and at most QCOM is 4.8% as of yesterday in theory. But there is some confusion in my mind over what its weighting is currently in the index since the NASDAQ 100 seems to be reweighted quarterly. So I do not know if the NASDAQ 100 has been reweighted to reflect QCOM's recent gains which took place after the quarter ended. From the NASDAQ: "Launched in January 1985, the Nasdaq-100 Index represents the largest and most active non-financial domestic and international issues listed on The Nasdaq Stock Market© based on market capitalization. As of December 21, 1998 the Nasdaq-100 Index was re-balanced to a modified market capitalization weighted index. Such re-balancing is expected to retain in general the economic attributes of capitalization weighting while providing enhanced diversification. To accomplish this, Nasdaq will review the composition of the Nasdaq-100 Index on a quarterly basis and will adjust the weightings of Index components using a proprietary algorithm if certain pre-established weight distribution requirements are not met."