C-Cube Message Board - Msg: 15767846

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Technology Stocks : C-Cube

CUBE 37.09

+0.3%

12:11 PM EST

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To: Bernard Levy who wrote (50782)	5/7/2001 7:19:41 PM
From: DiViT	of 50808

Pepsi Bottling to Join S&P 500 Index; Adaptec is Being Removed 05/07/2001 Dow Jones Business News (Copyright (c) 2001, Dow Jones & Company, Inc.) NEW YORK -- Pepsi Bottling Group Inc. will replace Adaptec Inc. in Standard & Poor's S&P 500 after the close of trading Friday. Milpitas, Calif.-based Adaptec (ADPT) is leaving the index because of the maker of computer-networking devices' planned spinoff of its Roxio Inc. (ROXIV) software-business unit to shareholders. Somers, N.Y.-based Pepsi Bottling (PBG) is the largest bottler of soft-drink giant PepsiCo Inc. (PEP). Adaptec will be moved to the S&P SmallCap 600 Index, replacing Cyrk Inc. (CYRK), while Roxio will be added to the S&P SmallCap 600 Index, replacing Casual Male Group (CMAL). Cyrk and Casual Male are being removed for lack of representation, meaning they no longer adequately represent the industries in which they operate. In addition, Corinthian Colleges Inc. (COCO) will replace C-Cube Microsystems Inc. (CUBE) in the S&P SmallCap 600 after the close of trading Thursday. S&P 500 component LSI Logic Corp. (LSI) is acquiring C-Cube in a deal expected to close Thursday. Standard & Poor's is a unit of McGraw-Hill Cos. (MHP). Copyright (c) 2001 Dow Jones & Company, Inc. All Rights Reserved.

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