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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (60907)10/19/2000 1:46:58 PM
From: Tassi  Respond to of 122087
 
DJ CORRECT: Broadvision To Replace PaineWebber In S&P 500
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DJ CORRECT: Broadvision To Replace PaineWebber In S&P 500

19 Oct 11:24

NEW YORK (Dow Jones)--BroadVision Inc. (BVSN) will replace PaineWebber Group
Inc. (PWJ) in the S&P 500 index after the acquisition of PaineWebber by UBS AG
(UBS).

A spokesman for PaineWebber said the company's shareholders are scheduled to
vote on the transaction on Oct. 23, with a closing expected some time in
November.

Standard & Poor's, a unit of McGraw-Hill Cos. (MHP), said it will replace
PaineWebber with Broadvision at the close of trading on a date to be announced.

(An item at 6:06 p.m. EDT on Oct. 16, based on an incorrect press release
from S&P, reported that the transaction was scheduled to close on Oct. 23 and
that the change would be effective on that date. The incorrect information was
subsequently repeated in a report on BroadVision's earnings at 5:28 p.m.

Wednesday.)

(END) DOW JONES NEWS 10-19-00
11:24 AM