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Technology Stocks : Power-One (PWER)
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To: powerchip who wrote (238)10/18/2000 4:30:10 PM
From: jhg_in_kc  Read Replies (3) of 285
 
POWER-ONE INC. ADDED TO S&P 500 INDEX
New York, N.Y., October 12, 2000 -- Power-One Inc. (NASDAQ:PWER) will replace Unicom Corp. (NYSE:UCM) in the S&P 500 Index after the close of trading on Thursday, October 19, 2000. S&P 500 component PECO Energy (NYSE:PE) is acquiring Unicom Corp. in a transaction anticipated to close on that date. After the transaction, PECO Energy will change its name to Exelon Corp. (NYSE:EXC). Exelon Corp. will replace Unicom Corp. in the S&P 100 Index. All companies in the S&P 100 are also in the S&P 500.
Power-One Inc. makes power conversion products designed primarily for communications applications and supports the automated/semiconductor test equipment industry and other high-end industrial markets. The company, headquartered in Camarillo, CA, will be added to the S&P 500 Electrical Equipment industry group.

Following is a summary of the announced changes:
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