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To: John Pitera who wrote (11058)8/14/2000 11:10:49 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
John, see the letter from PD i posted just now - apparently the SEC requires for an index to contain stocks which fulfill certain criteria w.r.t. market cap, trading volumes, etc.

with fewer and fewer gold stocks, and no single silver stock fulfilling the criteria, it seems PD was an emergency choice. but we await the PHLX's official statement ("hoped for by Aug. 18") with bated breath...