Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (94971)	2/26/2000 11:14:00 AM
From: Robert Rose	Respond to of 164684

This is from a 2/11 article, but these latest Merrill stock baskets are news to me: ------ Holy HOLDRs! It's looks like Merrill Lynch (NYSE:MER - news) isn't going to stop creating HOLDRs until there's one for every taste. The firm just filed with the Securities and Exchange Commission to introduce three new HOLDRs that divvy up the Internet: B2B Internet (Amex:BHH) , Internet Architecture (Amex:IAH) and Internet Infrastructure (Amex:IIH) . Each security will represent a 20-stock basket that will trade on the American Stock Exchange. The structure and purchase constraints of the existing HOLDRs products will apply to these securities. Merrill launched its original Internet HOLDRs (Amex:HHH - news) product in September, but that basket really represents what's known as B2C, or business-to-consumer, companies, such as Yahoo! (Nasdaq:YHOO - news) and Amazon.com (Nasdaq:AMZN - news) . The B2B basket will focus on companies in business-to-business commerce and will own names like Internet Capital Group (Nasdaq:ICGE - news) and Ariba. The Internet Architecture basket will own companies that make the servers, switchers and routers that build the Internet's backbone. You'll find big names like Cisco (Nasdaq:CSCO - news) and IBM (NYSE:IBM - news) there. The Internet Infrastructure portfolio will consist of software and services companies that are powering Internet development, such as Exodus Communications (Nasdaq:EXDS - news) and Akamai Technologies (Nasdaq:AKAM - news) . To find the complete holdings of each basket, use FreeEDGAR to search for the filings. You will need to use the full-text search and the keyword "HOLDRs." Hopefully, Merrill will soon create a Web site for these products. If you buy these securities on the offering, you'll pay a 2% underwriting fee to Merrill. If you wait until they start trading, you will pay the going commission at your broker. The latter could be cheaper.