Hi Hippo, Here is a list of the holdings of XLK. The top ten holdings represent a little over 60% of the total. Just an FYI Microsoft Corp MSFT 15.16% International BUSiness Machs IBM 7.86% Intel Corp INTC 7.49% Cisco Sys Inc CSCO 6.46% Verizon Communications VZ 5.98% Dell Computer Corp DELL 4.54% Hewlett Packard Co HPQ 3.60% SBC Communications Inc SBC 3.56% Oracle Corp ORCL 3.49% Bellsouth Corp BLS 2.73% First Data Corp FDC 1.71% Texas Instrs Inc TXN 1.69% Qualcomm Inc QCOM 1.57% Applied Materials Inc AMAT 1.47% Emc Corp EMC 1.29% At + T Wireless Svcs Inc AWE 1.25% Motorola Inc MOT 1.22% Automatic Data Processing Inc ADP 1.12% Yahoo Inc YHOO 1.12% Nextel Communications Inc NXTL 1.05% At+T Corp T 0.85% Alltel Corp AT 0.84% Sun Microsystems Inc SUNW 0.84% Computer Assoc Intl Inc CA 0.73% Sprint Corp FON 0.73% Analog Devices Inc ADI 0.72% Veritas Software Corp VRTS 0.68% Maxim Integrated Prods Inc MXIM 0.63% Electronic Arts Inc ERTS 0.62% Paychex Inc PAYX 0.61% Electronic Data Sys Corp New EDS 0.58% Linear Technology Corp LLTC 0.57% Corning Inc GLW 0.55% Agilent Technologies Inc A 0.52% Intuit INTU 0.52% Kla Tencor Corp KLAC 0.51% Lexmark Intl Inc LXK 0.51% Lucent Technologies Inc LU 0.49% Xilinx Inc XLNX 0.49% Xerox Corp XRX 0.48% Qwest Communications Intl Inc Q 0.46% Adobe Sys Inc ADBE 0.43% Sungard Data Sys Inc SDS 0.42% Apple Computer AAPL 0.41% Broadcom Corp BRCM 0.41% Computer Sciences Corp CSC 0.41% Micron Technology Inc MU 0.41% Concord Efs Inc CE 0.39% Fiserv Inc FISV 0.38% Altera Corp ALTR 0.37% Symantec Corp SYMC 0.36% Sprint Corp PCS 0.34% Network Appliance Inc NTAP 0.32% NovellUS Sys Inc NVLS 0.32% Peoplesoft Inc PSFT 0.32% Jds Uniphase Corp JDSU 0.30% Centurytel Inc CTL 0.29% Molex Inc MOLX 0.28% Siebel Sys Inc SEBL 0.28% Qlogic Corp QLGC 0.27% Jabil Circuit Inc JBL 0.26% Unisys Corp UIS 0.24% Nvidia Corp NVDA 0.23% Bmc Software Inc BMC 0.22% Citizens Communications Co CZN 0.22% National Semiconductor Corp NSM 0.22% Scientific Atlanta Inc SFA 0.22% Waters Corp WAT 0.22% Citrix Sys Inc CTXS 0.21% Mercury Interactive Corp MERQ 0.20% Sanmina Sci Corp SANM 0.20% Teradyne Inc TER 0.20% Thermo Electron Corp TMO 0.20% Sabre Hldgs Corp TSG 0.19% Solectron Corp SLR 0.19% Symbol Technologies Inc SBL 0.19% Avaya Inc AV 0.18% Comverse Technology Inc CMVT 0.18% Short Term Invest Co N.A. 0.18% Lsi Logic Corp LSI 0.16% Tellabs Inc TLAB 0.16% Ciena Corp CIEN 0.15% Ncr Corp New NCR 0.15% Advanced Micro Devices Inc AMD 0.14% Compuware Corp CPWR 0.14% Pmc Sierra Inc PMCS 0.14% Applied Micro Circuits Corp AMCC 0.13% Convergys Corp CVG 0.13% Adc Telecommunications Inc ADCT 0.12% Autodesk Incorporated ADSK 0.12% Perkinelmer Inc PKI 0.12% Tektronix Inc TEK 0.12% Gateway Inc GTW 0.08% Novell Inc NOVL 0.08% Andrew Corp ANDW 0.06% Parametric Technology Corp PMTC 0.06% Money Mkt Obligs Tr POIXX 0.00% Money Mkt Obligs Tr POIXX 0.00% Money Mkt Obligs Tr POIXX 0.00% US Dollar N.A. 0.00%