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To: SE who wrote (48484)6/5/2003 1:45:25 PM
From: Nemer  Read Replies (1) | Respond to of 53068
 
the bastids are baiting a hook for ME ....

CHICAGO, IL – June 5, 2003 –
OneChicago, LLC and Dow Jones Indexes today announced that they have signed an exclusive license agreement enabling OneChicago to list futures on Dow Jones MicroSector IndexesSM to begin trading Monday, June 23, 2003. Dow Jones Indexes will begin calculating 15 MicroSector Indexes June 16.

The industry groups and subgroups that underlie the initial Dow Jones MicroSector Indexes are Aerospace, Banks, Biotechnology, Communications Technology, Diversified Financial, Electric Utilities, Diversified Industrial, Investment Services, Major Oil Companies, Pharmaceuticals, Precious Metals, Retail, Semiconductors, Software, Technology Hardware and Equipment.

Each MicroSector future will begin trading the Sep03 and Dec03 quarterly contracts. The MicroSector futures are approximately equal dollar weighted and cash settled at expiration. Each contract has five different stocks with the total number of shares allocated to each sector equaling $40,000 at selection. The tick size is $5.00.


The first eight of the 15 MicroSector futures to be launched and their symbols are:

Biotechnology (XBTC9C)
Amgen Inc. (AMGN)
Biogen Inc. (BGEN)
Genentech Inc. (DNA)
IDEC Pharmaceuticals Corp. (IDPH)
Medimmune Inc. (MEDI)

Communications Technology (XCMT9C)
Cisco Systems Inc. (CSCO)
Juniper Networks Inc. (JNPR)
Motorola Inc. (MOT)
Nokia Corp. ADR (NOK)
Qualcomm Inc. (QCOM)

Precious Metals (XPCS9C)
AngloGold Ltd. ADR (AU)
Barrick Gold Corp. (ABX)
Gold Fields Ltd. ADR (GFI)
Harmony Gold Mining Co. Ltd. ADR (HMY)
Newmont Mining Corp. (NEM)

Retail (XRTS9C)
Home Depot Inc. (HD)
Kohl’s Corp. (KSS)
Lowe’s Cos. (LOW)
Target Corp. (TGT)
Wal-Mart Stores Inc. (WMT)

Pharmaceutical (XDRG9C)
Bristol-Myers Squibb Co. (BMY)
Johnson & Johnson (JNJ)
Eli Lilly & Co. (LLY)
Merck & Co. Inc. (MRK)
Pfizer Inc. (PFE)

Diversified Financial (XFIS9C)
American Express Co. (AXP)
Capital One Financial Corp. (COF)
Citigroup Inc. (C)
Fannie Mae (FNM)
Freddie Mac (FRE)

Semiconductors (XSEM9C)
Applied Materials Inc. (AMAT)
Intel Corp. (INTC)
KLA – Tencor Corp. (KLAC)
Maxim Integrated Products Inc. (MXIM)
Xilinx Inc. (XLNX)

Software (XSOF9C)
Microsoft Corp. (MSFT)
Oracle Corp. (ORCL)
PeopleSoft Inc. (PSFT)
Siebel Systems Inc. (SEBL)
VERITAS Software Corp. (VRTS)

and, yes Texas is a community prop state
and
I think IRS will consider it a wash ....
so
I don't know what he will stand to gain on the manner he is doing the transactions ...

but ..
UNTIL one is audited
one can/may keep books any way one wishes
and report it in that manner ...
UNTIL ....
LOL