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To: cowgirl-ona-1eyed-horse who wrote (19122)	5/17/2000 10:14:00 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 35685

nutty calculation on Dow Dow components contribute to changes in Dow index equally if IBM rises 1 pt, Dow rises something like 4 pts if HP rises 1 pt, Dow rises same 4 pts if lowly JPMorgan rises 1 pts, Dow rises same 4 pts here is the strange reality GE split 3:1 now if GE rises 1 pt, it still moves Dow by 4 pts (same as before) American Express also split, now has half the Dow weight NYSE is seeking remedy to this stupidity the NazComp is marketcap weighted, Dow is not one would think at least GE would have its multiplier triple if a stock in the Dow truly wanted to muck the system, it would plan a reverse 2:1 split then it would double its weighting on the Dow moves / jim