My apologies, kha vu - it was meant as a joke.
The following may be of some interest to the thread re. JDSU:
NEWS RELEASE
FOR IMMEDIATE RELEASE
Contact:
David Blitzer
Managing Director, Quantitative Services
(212) 438-3907
OR
Carol Levine
Communications Manager, Index Services
(212) 438-3534
JDS UNIPHASE ADDED TO S&P 500 INDEX
New York, N.Y., July 19, 2000 -- Standard & Poor's will replace Rite Aid Corp. (NYSE:RAD) in the S&P 500 Index with JDS Uniphase Corp. (NASDAQ:JDSU) after the close of trading on Wednesday, July 26, 2000. Rite Aid Corp. is being removed for lack of representation.
JDS Uniphase designs, develops, manufactures and distributes products for fiberoptic communications market that are deployed to develop advanced optical networks for the telecommunications and cable television industries. JDS Uniphase is a US company with US headquarters that has operations in Canada. It was formed by the merger of Uniphase, a US company, and JDS Fitel, a Canadian company. The company, headquartered in San Jose, CA, will be added to the S&P 500 Communications Equipment industry group.
Following is a summary of the announced changes:
S&P 500 INDEX—July 26, 2000
COMPANY
ECONOMIC SECTOR
INDUSTRY GROUP
ADDED
JDS Uniphase Corp.
Technology
Communications Equipment
DROPPED
Rite Aid Corp.
Consumer Staples
Retail (Drug Stores)
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
Standard & Poor's, a division of The McGraw-Hill Companies, Inc., provides financial, economic and investment information and analytical services to the global financial community. S&P calculates and maintains the S&P Global 1200 Index, which includes the S&P Europe 350, the S&P/TSE 60 for Canada, the S&P 500 for the U.S., the S&P/TOPIX for Japan, the S&P Asia/Pacific 100, and the S&P Latin America 40. S&P also publishes the S&P MidCap 400, S&P SmallCap 600, S&P SuperComposite 1500 and S&P REIT Composite for the U.S. and the S&P/TSE Canadian MidCap and S&P/TSE Canadian SmallCap Indices. Over $1 trillion is indexed to S&P Indices.
Founded in 1888, The McGraw-Hill Companies is a global information services provider serving the financial services, education and business information markets through leading brands such as Standard & Poor's, Business Week and McGraw-Hill Education. The corporation has more than 400 offices in 32 countries. Sales in 1999 were $4.0 billion. Additional information is available at www.mcgraw-hill.com. |
