The relative number of shares of 20 stocks in new Broadband HOLDRs: There are 2 shares of "CMVT" in each 'share' of "BDH".
cbs.marketwatch.com
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Leading indicators: Broadband Holdrs
Merrill Lynch this week launched its newest Holdrs -- a security that reflects a basket of stocks. This time, it's for the broadband industry.
The Broadband Holdrs (BDH: news, msgs) will reflect Lucent (LU: news, msgs), 29 shares; Nortel Networks (NT: news, msgs), 14 shares; Motorola (MOT: news, msgs), 6 shares; Qualcomm (QCOM: news, msgs), 8 shares; JDS Uniphase (JDSU: news, msgs), 8 shares, Broadcom (BRCM: news, msgs), 2 shares; Corning (GLW: news, msgs) 3 shares; Sycamore (SCMR: news, msgs), 3 shares; Applied Micro Circuits (AMCC: news, msgs), 1 share; Tellabs (TLAB: news, msgs), 4 shares; Terayon (TERN: news, msgs), 1 share; PMC-Sierra (PMCS: news, msgs), 1 share; Comverse (CMVT: news, msgs), 2 shares; SDL (SDLI: news, msgs), 1 share; Conexant (CNXT: news, msgs), 2 shares; Next Level (NXTV: news, msgs), 1 share; RF Micro Devices (RFMD: news, msgs), 1 share; Scientific-Atlanta (SFA: news, msgs), 2 shares; Ciena (CIEN: news, msgs), 1 share; Copper Mountain Networks (CMTN: news, msgs), 1 share.
These companies develop, manufacture and market products and services that allow quicker and more efficient transmission of data, video and voice than traditional telephone lines.
Other Merrill Lynch Holdrs include ADR-security Telebras (TBH: news, msgs), Telecom (TTH: news, msgs), Pharmaceutical (PPH: news, msgs), B2B Internet (BHH: news, msgs), Internet infrastructure (IIH: news, msgs), Internet architecture (IAH: news, msgs), Biotech (BBH: news, msgs) and Internet (HHH: news, msgs).
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