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To: MonsieurGonzo who wrote (2601)	4/23/1998 9:10:00 PM
From: Don Lloyd	Read Replies (1) \| Respond to of 11051

Steve - << The SOX.X index is weighted by capitalization (some indices are simply weighted by share price).>> PMFJI, but if you are referring to the normal SOX index, it has no capitalization component. It is calculated by simply adding up the component stock prices and dividing by a constant which is adjusted from time to time as appropriate, for stock component changes, stock splits and possibly dividends. This implies that the highest priced stocks have the largest impact per percent change. Regards, Don