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Google Added to Nasdaq 100 Index

Because of its unusually rapid growth, Google, Inc. has been granted a waiver that will allow it to be included in the Nasdaq 100 after being publicly traded for only a year and a half. Normally the waiting period is two years. Google, which is currently worth about $121 billion, will lead a number of new Internet tech stocks that are to be added to the index on Dec. 19., when the Nasdaq 100 will be reconstituted. The index is made up of the largest and most liquid nonfinancial stocks traded on the Nasdaq. Other new entrants include Exepdia, Monster, Activision, and Discovery Holdings.

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