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Technology Stocks : Baltimore Technologies ( BALT)
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To: Tom Drolet who wrote ()11/4/1999 12:45:00 AM
From: JOHN A.  Read Replies (1) of 66
 
TechMARK starts tomorrow
Nov. 4

From the London stock exchange website, excerpts below;
londonstockexchange.co.uk

Jim Martin
Director, Technology Investment at 3i
"This is a very exciting and welcome move by the Exchange and will provide a focus for technology companies. It will encourage more institutional investment either through the creation of funds which track the new index or allocating a percentage of their assets to this market"
"The introduction of techMARK will undoubtedly lead to a range of new technology funds based on the wide range of exciting companies in this market with the smaller companies benefiting particularly"
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FTSE techMARK Indices

When the market goes live in November, FTSE International will be calculating real time indices for techMARK. Companies on the market will be included in the FTSE techMARK indices as well as retaining their existing FTSE Index and industry classification - enhancing each company's profile.

FTSE International managing director Mark Makepeace said: "The new techMARK indices will enable investors to invest directly in this exciting new market. I am confident that you will see retail funds based on the FTSE techMARK indices before the year end".

Yes, BLM/BALT is one of the 170 companies thus far on the index.
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