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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (14697)	7/10/2002 1:47:17 PM
From: Alan Whirlwind	Read Replies (1) \| Respond to of 82374

From gold-eagle forum: Thoughts on S&P changes (bikerdood) Jul 10, 12:22 "Already discussed here: Barrick and Placer are being removed. However, other companies being taken out are Alcan (aluminum), Unilever (food, home products), Royal Dutch Petroleum (oil), and Inco (Candian nickel miner). Nortel is seventh company, but it can hardly be called a company any more. It seems to me that we are looking at removing a lot of hard-asset companies: mining, oil, and food. These sort of products are also very responsive to inflation rates. Of course, it may just be a coincidence that these companies are the only foreign ones on the S&P500 list." I agree with biker. It seems they are intent on robbing the S&P of some of its better inflation/defensive stocks (Nortel being the token exception). Why?