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Hello ira,
Thursday, July 11, 2002, 5:43:45 PM, you wrote:
i> The powers have done it again. They don't like the results they see, so they change
i> the playing field. The S&P 500 has had a bunch of stocks replaced. Which ones they
i> are I don't know at this time. I wonder when they will change the Dow and the Nasdaq
i> 100 make up again. good trading. Ira.
* In the news, Standard & Poor's announced that it will purge seven
companies not based in the U.S. from its S&P
500 Index and replace them with seven domestic firms, as it adjusts the
index to better reflect the performance of
U.S. large-capitalization issues. Unilever, Royal Dutch Petroleum, Nortel
Networks, Alcan, Barrick Gold, Placer
Dome and Inco have been identified as those being banished, with United
Parcel Service, Goldman Sachs, eBay,
Electronic Arts, Prudential, Principal Financial and Sunguard Data named as
the replacements. The move is
scheduled to occur after the close on July 19.
--
Best regards,
Ian mailto:cuncom@xxxxxxxxx
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