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FRANKFURT, Jan 18 (Reuters) - German investment firm NICE*
Internet Beteiligungs AG said on Monday it planned to launch an
independent, global Internet index aimed at providing a
benchmark for the booming sector.
The NICE* Internet Index is based on a basket of 30-top
Internet stocks, and the aim is eventually to provide a basis
for futures trade, NICE* Chairman Ludger Langenberg told a news
conference.
Langenberg said talks were underway with major German banks
to begin using the index. He declined to give further details.
Internet indices like The Chicago Board Options Exchange's
Internet Index .INX2 and the Thestreet.com Internet Index
.DOT are already in operation and trading.
The companies in the index are:
1&1 AG EIEG.F, Amazon.com AMZN.N, America Online
AOL.N, Brokat BRJG.F, Check Point Software Technology
CHKPF.O, Cisco Systems CSCO.O, Cybernet AG ZNET.OB,
Egghead.com EGGS.O, E*Trade Group EGRP.O, Excite XCIT.O,
GeoCities GCTY.O, Infoseek SEEK.O, Inktomi INKT.O,
Intershop Communications ISHZ.S, Lernout&Hauspie LHAPF.O,
Lycos LCOS.O, Macromedia MACR.O, Net.B@ank NTBK.O, Network
Associates NETA.O, Olicom OLCMF.O, Onsale ONSL.O, Orckit
Communications ORCTF.O, PSINet PSIX.O, Realnetworks
RNWK.O, Security Dynamics Technologies SDTI.O, Spyglass
SPYG.O, Sun Microsystems SUNW.O, Teles AG TLIG.F, Vocaltec
VOCLF.O and Yahoo YHOO.O.
REUTERS
Rtr 10:13 01-18-99
Copyright 1999, Reuters News Service
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