Of interest...
Sleeper
Thursday March 4, 7:04 pm Eastern Time
Company Press Release
SOURCE: Nasdaq
At Home Corporation to Join Nasdaq-100 Index Beginning on March 10, 1999
WASHINGTON, March 4 /PRNewswire/ -- At Home Corporation (Nasdaq: ATHM - news) will become a component of the Nasdaq-100 Index®, effective at the close of trading Tuesday, March 9, 1999. At Home Corporation will replace Tele-Communications Inc. (Nasdaq: TCOMA - news), which is being acquired by AT&T.
At Home Corporation, with a market capitalization of $12 billion, provides broadband Internet services to consumers over the cable television infrastructure. The Company's service allows residential subscribers to connect their personal computers via cable modems to a high-speed network.
The Nasdaq-100 Index, launched in January 1985, rose more than 80 percent in 1998, although past performance is not necessarily indicative of future performance. The Nasdaq-Amex Market Group(SM), which operates The Nasdaq Stock Market and the American Stock Exchange®, is a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), the largest securities-industry, self-regulatory organization in the United States. The union of Nasdaq® and Amex® creates the world's first financial market that brings together central auction specialist and multiple Market Maker systems. |
