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.

Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (6079)	7/19/2000 6:52:41 PM
From: SE	Read Replies (1) \| Respond to of 7434

Makes sense to me. Did you see JDSU will be added to the S&P 500? Kinda makes the list I was working on obsolete. BRCM, the last high cap stock added, was announced on 6/19 and added after the close on 6/30. I suspect you will see the same pattern unfold with JDSU. Not sure about the degree, but JDSU should go up and the S&P 500 lower. Been so long since I studied stocks I don't even know where to get the market caps of each of them. Sheesh....I have become incompetent. Some would argue the timing in that statement. ---------- EDIT: OK, here are some more numbers: BRCM market cap at the close the day the announcement was made: 31.6 billion, 215.19 million shares outstanding. JDSU market cap at the close the day the announcement was made (today): 83.48 billion, 782.05 million shares outstanding. Float would be an interesting number to have....based on the above, JDSU should have a larger impact on the S&P...almost three times as large a market cap as BRCM.