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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: double-plus-good who wrote (15807)	3/9/2000 1:31:00 PM
From: Real Man	Read Replies (1) \| Respond to of 42523

Why? I think PG has just discredited itself by their announcement. How can this company be a part of such well-watched index after that?

To: double-plus-good who wrote (15807)	3/9/2000 1:52:00 PM
From: MythMan	Respond to of 42523

>>relinquish my us citizenship<< that seems a tad harsh. Just relocate to Canada -g-

To: double-plus-good who wrote (15807)	3/10/2000 2:43:00 AM
From: Dwight E. Karlsen	Respond to of 42523

Replacing P&G with Cisco in the DJIA is no different than AMEX managing the NDX...I don't know off-hand how many cos have been cycled through the NDX, but they did 4 or 5 in one swoop last December. They removed old-economy cos and replaced them all with high-flying techs. Dow Jones is simply trying to compete in a free market...I say go for it..I say follow the Nasdaq/Amex example, and throw out any company from the DJIA that they feel like.. I suggest throwing out: DIS - who gives a fig about an entertainment stock. CAT - heavy machinery, cyclical, no more comment necessary. PG - they disappointed, besides they are selling in bricks-and-mortar stores!! Kiss of death in today's market. Replace them with: CSCO - Big Dow-like company, but New Economy. ARBA - Obviously this current decade's powerhouse e-commerce behemoth. Why not move the stock in right now? ITWO - Another goliath that's been on the move already. They'll probably be on equal footing with MSFT in a few years. Add 'em right now, so as to help the ailing DJIA. And that's just for this quarter's changes. Dow Jones could review their picks every quarter or so, and remove the laggards. LOL