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To: ChrisJP who wrote (94320)	10/21/2001 10:20:17 PM
From: jmhollen	Respond to of 150070

UIBI - News: Message 16536757 Super new technology (ice blasting vs: sand blasting) about to become fully reporting and get the show on the road. Company is doing business with FORD, and I expect GM, D-C and other auto, truck, bus companies and boat builders follow suit. Ice blasting is great for parts and/or body cleaning, etc. Ice blasting can also be used for cleaning fiberglass boat hulls, without screwing up the gel-coat finish. It's also good for cleaning structures with asbestos or lead present, as the contaminants get captured in the resulting water - not blown all over hell and gone as with sand or bead blasting. Dr. Sam Visaisouk, CEO, is a straight-up dude, and has doggedly pursued the dream through the trials and tribulations of being on the stinky-pinkies. "...I love it when a plan comes together..........."!!! Technology rules...!!! John :-) .

To: ChrisJP who wrote (94320)	10/21/2001 10:45:13 PM
From: cavan	Respond to of 150070

Nasdaq 100 May Lose Some Technology Flavor Including a couple I own PALM & ARBA ! Compiled by JEFF SOMMER For many investors, the Nasdaq 100 index is synonymous with technology stocks. But its definition is changing. The index reflects the market capitalization of the 100 biggest nonfinancial companies traded on the Nasdaq market. With the sharp decline in the value of many technology bellwether stocks, the market weighting of the Nasdaq has shifted. Last week, a study by Lehman Brothers (news/quote) concluded that when the index is rebalanced in December, it is likely to become more diversified, less volatile and less accurate as a technology barometer. Changes in the index, which are made annually by the Nasdaq, would alter the composition of the Nasdaq 100 Trust, or QQQ shares, an exchange-traded fund that is the most actively traded issue in the United States. QQQ shares have served as a proxy for the technology sector, and QQQ options have been used to hedge technology investments. Investors might need to reconsider such strategies if the Lehman forecast is accurate. The weight of drug companies would rise, and the index would more closely resemble the Standard & Poor's 500 in volatility, according to the Lehman calculations, which used weighting principles published by Nasdaq. Sixteen stocks will join the index, 15 of them outside the technology sector, Lehman predicted; big tech names that would be dropped include Palm, 3Com (news/quote), Ariba, Novell, Inktomi (news/quote), CMGI (news/quote) and CNET. The tech component of the index would fall to 66 percent, according to Lehman figures, down from 73 percent now and 86 percent in 1998. John Jacobs, senior vice president of Nasdaq, declined to comment on the study but said that when the rebalancing is complete, the tech component is almost certain to decline. "That's fine with Nasdaq because Nasdaq is a more diversified market," he said. nytimes.com Click here to order Reprints or Permissions of this Article "When we think about saving for retirement in this day and age, $100,000 is not a lot of money," Donald Powell, chairman of the agency, said in testimony before the House Financial Institutions subcommittee last week. He did not say what the limit should be. While he did not favor an immediate increase in the $100,000 limit on insurance for nonretirement bank deposits, in place since 1980, he advocated indexing the insurance to inflation. He said it is important that "the public understands that the F.D.I.C.'s deposit insurance protection will not wither away over time."