SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Gemstar Intl (GMST) -- Ignore unavailable to you. Want to Upgrade?


To: jay silberman who wrote (1202)12/23/1999 7:31:00 PM
From: unclewest  Read Replies (1) | Respond to of 6516
 
it gets better...
now everyone will have to read about gmst twice.

Important Update to Gemstar International Group Limited's Inclusion in the Nasdaq-100 Index
PR Newswire - December 23, 1999 17:40

WASHINGTON, Dec. 23 /PRNewswire/ -- Due to Y2K preparedness efforts, The Nasdaq Stock Market(R) will accelerate the component change to the Nasdaq-100 Index(R) sooner than planned. Gemstar International Group Limited (Nasdaq: GMST) will become a component of the Nasdaq-100 Index, effective at the beginning of trading Thursday, December 30, 1999. Shares of Gemstar will also be included in the Nasdaq-100 Index Tracking Stock(SM) (Amex: QQQ). Gemstar will replace Qwest Communications International Inc., which is delisting from Nasdaq(R). The previous announcement indicated that Gemstar would be included in the Nasdaq-100 Index effective January 3, 2000.

The Nasdaq Stock Market lists nearly 5,000 companies, has the largest dollar volume of trades of any financial market, and trades more shares per day than any other U.S. market. Current market capitalization is more than $5 trillion. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD(R)), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq Newsroom(SM) at www.nasdaqnews.com.

The Trustee for the Nasdaq-100 Trust is required to adjust the composition of the Trust within 3 business days of the effective date of a change to the composition of the Nasdaq-100 Index.

While there is no assurance that the performance of the Nasdaq-100 Index can be fully matched, Nasdaq-100 Shares are designed to provide investment results that generally correspond to the performance of the Nasdaq-100 Index.

For more complete information about Nasdaq-100 Shares, including charges, expenses and potential risks, obtain a prospectus from your broker, or call (800) 843-2639 or visit the Web site at www.nasdaq-100.com. Read it carefully before you invest.

The sponsor of the Nasdaq-100 Trust(SM), a unit investment trust, is Nasdaq Investment Product Services, Inc. ("NIPS"), a wholly owned subsidiary of The Nasdaq Stock Market, Inc. ("Nasdaq," and collectively with its affiliates except NIPS, the "Corporations"). ALPS Mutual Funds Services, Inc. a registered broker/dealer, is distributor for the Trust. Investment returns and principal value will fluctuate so that an investor's shares, when redeemed or sold, may be worth more or less than the original cost.