VTSS added to S&P 500
STANDARD & POOR'S ANNOUNCES CHANGES IN S&P INDICES
New York, N.Y., December 05, 2000 -- Standard & Poor's will make the following changes in the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 Indices:
S&P MidCap 400 components QLogic Corp. (NASD:QLGC), Vitesse Semiconductor (NASD:VTSS), and Stryker Corp. (NYSE:SYK) will replace Polaroid Corp. (NYSE:PRD), Springs Industries Inc. (NYSE:SMI) and Russell Corp. (NYSE:RML) in the S&P 500 Index after the close of trading on Monday, December 11, 2000.
In the S&P MidCap 400 Index, S&P SmallCap 600 components Barr Laboratories (NYSE:BRL), Dallas Semiconductor (NYSE:DS) and Plexus Corp. (NASD:PLXS) will replace QLogic Corp, Vitesse Semiconductor and Stryker Corp.
S&P 500 components Polaroid Corp, Springs Industries Inc. and Russell Corp. will replace Barr Laboratories, Dallas Semiconductor and Plexus Corp. in the S&P SmallCap 600 Index.
Gillette Co. (NYSE:G) will replace Polaroid in the S&P 100 Index.
QLogic Corp. is a designer and supplier of semiconductor and board level input/output, or I/O, and management controller products. The company, headquartered in Aliso Viejo, California, will be added to the S&P 500 Electronics (Semiconductors) industry group.
Vitesse Semiconductor is a supplier of high-performance integrated circuits targeted at systems manufacturers in the communications and automatic test equipment markets. The company, headquartered in Camarillo, California, will be added to the S&P 500 Electronics Semiconductors industry group.
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