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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: BarbaraT who wrote (16801)7/8/1999 10:26:00 PM
From: LastShadow  Respond to of 43080
 
And for those of you who want some really slow trading...

Barclay's New Index Funds

Dateline: 07/07/99

If you like index funds you're going to love this. Barclays Global Investor, a
subsidiary of Barclays Bank, has filed with the SEC to offer 51 open-end
index funds that would trade on the American Stock Exchange. While
Vanguard is known nationally, Barclays is the leader in institutional fund
management. Barclays Bank ranks second to HSBC in the United
Kingdom.

The application was filed back on April 30, so we may not see these
instruments until the millennium but it will be worth the wait. Currently the
expenses and fees are not listed in the filing.

The Barclays will be similar to the Spiders, Qubes and Webs that trade on
the AMEX. While Spiders and Qubes are structured like a unit investment
trust, the Barclays' will be structured like a mutual fund along with WEBS
and Select Sector Spiders. They will be priced and traded throughout the
day.

You'll be able to have your pick of the following:

Dow Jones Broad Market Index--Small Cap, Mid Cap, Large Cap
and Total Market.

Dow Jones Broad Sector Index--Basic Materials,Consumer
Cyclical,Consumer Noncyclical, Energy,Industrial,Technology and Utilities.

Dow Jones Industrial Sector Index--Chemicals, Internet,Health
Care,Real Estate,Financial Services,Petroleum,Technology,Transports and
Utilities.

S&P Index--S&P 100, S&P 500 Index, S&P 500/BARRA Value, S&P
500/BARRA Growth, Midcap 400, Midcap 400 BARRA Value, Midcap
400/BARRA Growth, Small-Cap 600, Small-Cap 600/BARRA Value,
Small-Cap 600/BARRA Growth, Super Composite 1500, Super
Composite 1500/BARRA Value, and Super Composite 1500/BARRA
Growth.

Russell Index--1000, 1000 Growth, 1000 Value, 2000, 2000 Growth,
3000, 3000 Growth, 3000 Value, Top 200 Index and Midcap Index.

International Index--S&P/TSE 60, S&P Euro, S&P Euro Plus, DJ
Global Pharmaceuticals Sector, DJ Global Media Sector, and DJ Global
Telecommunications Sector.

Hey! What happened to the Wishire Index? Seems strange but there is
none listed in the filings.



To: BarbaraT who wrote (16801)7/9/1999 12:43:00 AM
From: AlienTech  Respond to of 43080
 
Guess you answered your own question there BT. And just to point it out, here is ML on INIT! It did catch A and the monkies with their panties in a bunch on KOOP and now they are hoping the old guy falls over to cover. Goldman IPO's always do good in the long run, But short run NPLS might be dead money, seems it will visit the lows again. I dont get INIT, why go IPO at under 300 mil with a book value of 150 mil?

SAN FRANCISCO (CBS.MW)--The quarter-of-a-trillion-dollar marketfor computer services will grow at a double-digit rate for the coming
years, Merrill Lynch said Thursday.

"All roads lead through computer services," Merrill analyst
Steve McClellan said on a conference call.

Computer services --an umbrella term used to cover the business of e-commerce, systems integration, outsourcing and Web consulting, among other areas -- is expected to generate sales of $318 billion by 2002.

McClellan said, shares of service providers make solid
investments NOW because the companies typically have
recurring revenue, with long-term, stable contracts. The larger companies are increasing earnings 13 to 15 percent, with smaller companies boosting earnings 30 to 50 percent.

Posted: 07/08/1999 05:16 pm EDT as a