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andy20020

06/16/03 7:21 AM

#5803 RE: andy20020 #5801

Russell refined annually July 1 ... http://www.russell.com/us/indexes/us/membership/reconstitution.asp

Assumption

Last July QQQ's at about $25, now roughly $30

Last July LOOK $1.75, now roughly $2.40

If this ratio comparison is relevant ... LOOK needs 17%-18% more upweight than the top 100 Nas stocks equivalent ... there has been a move towards the small growth stocks ... Hmmmm ..it would appear positive.

Basic analysis but the logic is probably OK as the generic Russell weightings appear determined by Market Cap, which will be reflected in share prices given no splits and not huge options exercising.

So more LOOK less CSCO !!! LOL.

Regards