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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: KeepItSimple who wrote (32498)	2/24/2000 2:57:00 AM
From: Zoltan!	Read Replies (1) \| Respond to of 77400

Did the fools think QCOM just split too? QCOM was up over 16. From the DowJones: On Tuesday, Standard & Poor's said it would increase the proportionate weight of Qualcomm and Cisco Systems Inc. (CSCO) on the S&P 500 Index because both companies have recently increased their outstanding shares by more than 6%. It may have been the news - and short covering - rather than index fund managers buying, that caused the jump. Also from DowJones: Internet-gear maker Cisco Systems soared $14.6875 to a high of $138.625. Its market value at $453 billion hasn't only easily passed former No. 2 General Electric's at $428 billion, but is closing in on first place Microsoft, at $486 billion. Cisco's gain Wednesday, which amounted to a $48 billion increase in market value, accounted for more than half the rise in the S&P 500, which is market-value weighted.