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Technology Stocks : Juniper Networks - JNPR
JNPR 39.950.0%Jul 2 5:00 PM EST

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To: Boplicity who wrote (1472)8/30/2000 9:56:04 AM
From: Red Heeler  Read Replies (1) of 3350
 
Greg must have seen this coming:

Juniper Networks to Join the Nasdaq-100 Index Beginning September 7, 2000

WASHINGTON, Aug 30, 2000 /PRNewswire via COMTEX/ -- Juniper Networks, Inc. (Nasdaq: JNPR chart, msgs), of Sunnyvale, California, will become a component of the Nasdaq-100 Index(R), effective at the beginning of trading Thursday, September 7, 2000. Shares of Juniper Networks will also be included in the Nasdaq-100 Index Tracking Stock(SM) (Amex: QQQ chart, msgs). Juniper Networks will replace VISX, Incorporated, (VISX), which is delisting from The Nasdaq Stock Market(R).

With a market capitalization of over $60 billion, Juniper Networks is a leading provider of purpose-built systems designed specifically for the scalability, high performance, and reliability required by the Internet. The company's M-series(TM) Internet backbone routers enable the world's largest and fastest-growing service providers to build out IP infrastructure to support new service offerings for their customers.

The Nasdaq-100 Index, launched in January 1985, has risen over 64 percent in the past year, although past performance is not necessarily indicative of future performance, and Index performance does not represent the performance of the Nasdaq-100 Index Tracking Stock. The Nasdaq-100 Index Tracking Stock is a security that represents ownership in the Nasdaq-100 Trust. The Trust holds a portfolio of equity securities that compose the Nasdaq-100 Index and aims to provide investment results that generally correspond with its performance.

The Nasdaq Stock Market lists nearly 5,000 companies, has the largest dollar volume of trades of any financial market, and trades more shares per day than any other U.S. market. Current market capitalization is more than $5 trillion. Nasdaq is a subsidiary of the NASD, the largest securities- industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq Newsroom(SM) at www.nasdaqnews.com.

The Trustee for the Nasdaq-100 Trust is required to adjust the composition of the Trust within 3 business days of the effective date of a change to the composition of the Nasdaq-100 Index.

While there is no assurance that the performance of the Nasdaq-100 Index can be fully matched, Nasdaq-100 Shares are designed to provide investment results that generally correspond to the performance of the Nasdaq-100 Index.

For more complete information about Nasdaq-100 Shares, including charges, expenses and potential risks, obtain a prospectus from your broker, call 800-843-2639, or visit the Web site at www.nasdaq-100.com. Read it carefully before you invest.

The sponsor of the Nasdaq-100 Trust(SM), a unit investment trust, is Nasdaq Investment Product Services, Inc. ("NIPS"), a wholly owned subsidiary of The Nasdaq Stock Market, Inc. ("Nasdaq," and collectively with its affiliates except NIPS, the "Corporations"). ALPS Mutual Funds Services, Inc. a registered broker-dealer, is distributor for the Trust. Investment returns and principal value will fluctuate so that an investor's shares, when redeemed or sold, may be worth more or less than the original cost.

"Nasdaq" and related marks are trademarks or service marks of Nasdaq and have been licensed for use for certain purposes by NIPS. The Nasdaq-100 Index is composed and calculated by Nasdaq without regard to Nasdaq-100 Shares. The Corporations make no warranty, express or implied, and bear no liability with respect to Nasdaq-100 Shares. The Corporations and NIPS make no warranty, express or implied, and bear no liability with respect to the Nasdaq-100 Index, its use or any data included therein.

Link: siliconinvestor.com

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