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To: pcstel who wrote (1503)	2/22/2002 3:02:50 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 2737

yes, Nasdaq is market cap-weighted (unlike DOW which is price-weighted). i'm sure the grisly details are available at the naz site.

To: pcstel who wrote (1503)	2/22/2002 3:03:24 PM
From: Jon Koplik	Respond to of 2737

Re : NAS -- mkt cap weighted or ... the dumb way (like DJIA) -- I am pretty sure that the NAS is mkt cap weighted, because ... When Cisco & Dell & Microsoft, etc. had insanely high market capitalizations, I think I remember hearing frequent complaints that the actions of hundreds of "little" stocks in the NAS index ... really did not matter at all. Jon.