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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: gbh who wrote (48334)	6/8/1998 8:24:00 PM
From: Ron	Respond to of 61433

ASND up over 50 on instinet. S&P news bodes well. This company has certainly moved up in the world, since I bought it originally at about 20 several years and splits ago. Go ASND!

To: gbh who wrote (48334)	6/8/1998 8:38:00 PM
From: Lockhart	Read Replies (2) \| Respond to of 61433

The DOW is price weighted which means that the index is simply an average of current prices (adjusted for splits through a divisor) and movement is influenced by the differential prices of the components. The S&P 500 is value weighted meaning the influence of the company on the index varies depending on its relative market cap in the index. Not sure how this determines what proportion of shares of ASND must be added to index funds. It may just be equal to the dollar amount removed with DEC. Any clarification would be welcome.