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To: MythMan who wrote (55680)	1/9/2001 11:28:42 AM
From: chic_hearne	Respond to of 436258

The biggest threat to your DOW trading range is the morons that decide which stocks to add. I hope they replace HON with CSCO. Wouldn't hurt if they booted Kodak for AOL either. A little over a year ago, in October 1999, the Dow Jones Industrial Average (INDU – 10592.90) experienced a major facelift. The addition of Home Depot (HD – 48-5/16), Intel (INTC – 31-5/8), Microsoft (MSFT – 47-11/16) and SBC Communications (SBC – 49-3/8) was to be representative of the new economy as Chevron (CHV – 81-9/16), Goodyear Tire & Rubber (GT – 24.41), Sears Roebuck (S – 36.75), and Union Carbide (UK – 51-7//16) were dumped by the side of the investment superhighway. The four departing equities had an average 6.39-percent loss in 2000, while the freshman group swallowed an average loss of 31.35 percent. Looking at either "Dogs of the Dow" philosophies (highest yielding components or worse performing equities), last year's additions created "instant dogs," as MSFT, INTC and HD finished at the bottom of the list as far as annual price change.