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Meet the New Red Hot Index: New Tech 30

With the new year, we're rechristening the Red Hot Index and adding 10 more stocks. Check them out.

A new year, a new index.

We know you've come to rely on's

Red Hot Index

for insight into the hopping part of the stock market. With the new year, we've decided to reconfigure the index, adding 10 new names and rechristening the index New Tech 30


During the last month we held a poll of readers to determine the additions and the new name for the index. Michael Scherago wins the prize for choosing the new name, and a high-quality, all-cotton

T-shirt is on its way!

The new index follows the same rules as the previous configuration of the Red Hots: It's weighted by market cap and aimed at telling readers how the most scorching part of the market is performing. The 10 new names are:




Commerce One


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BEA Systems



RF Micro Devices




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Network Appliance

(NTAP) - Get NetApp Inc. Report


Liberate Technologies

(LBRT) - Get Liberty Energy Inc. Class A Report


Akamai Technologies

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i2 Technologies






As part of the addition, we've recalculated the index at a level of 617.90 at the close of Dec. 31; that's a change from the old Red Hot Index's 446.73.

And, as with the original 20 components, we have active

discussion boards available for the new members of New Tech 30.

Dave Kansas is editor-in-chief of In keeping with TSC's editorial policy, he doesn't own or short individual stocks, though he owns stock in He also doesn't invest in hedge funds or other private investment partnerships. He welcomes your feedback at