Tuesday, July 01, 2003 10:37:48 AM
A final list was published June 13.
That is wrong. The final list of additions and deletions to the Russell 3000 was last Friday, July 27. The official list of each index will be published on July 9th.
DeSanctis says several real estate investment trusts, or REITs, and technology and biotech stocks are graduating out of the Russell 2000 because they are too big.
That hurts those stocks short term because they'll be sold by small-cap indexers, but are still small fry in the big-cap Russell 1000.
That is what we been discussing this morning.
Jerry
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