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To: H James Morris who wrote (29969)12/15/1998 10:27:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
11:57 AM ET 12/14/98

Nasdaq 100 in annual shuffle, Amazon.com to join

WASHINGTON, Dec 14 (Reuters) - Online bookseller Amazon.com
is at the top of the list of companies joining The Nasdaq 100,
an index of the 100 largest stocks traded on the Nasdaq stock
market, as part of the exchange's annual reshuffling.
The NASD (National Association of Securities Dealers), the
parent of the Nasdaq stock market, said the components of the
index and their market share of the index will be rejigged on
December 21, 1998. The index does not include stocks of
financial firms.
The index will also be rebalanced. It will change to a
modified market-capitalization weighted index from a
market-capitalization weighted index. The change is in advance
of a new product, a derivative of the index, to be introduced
in the first quarter of 1999.
TO BE ADDED TO THE INDEX:
-- Online bookseller Amazon.com Inc.
-- financial software developer Intuit Inc
-- NTL Inc , the New York company which offers
communications network services in the United Kingdom
-- storage software firm VERITAS Software Corp
-- Vitesse Semiconductor Corp
-- respiratory therapy services company Lincare Holdings
Inc.
-- telecommunications company McLeodUSA Inc
-- Dollar Tree Stores Inc. , a chain of discount
variety stores
-- regional airline Comair Holdings, Inc. .
TO BE REMOVED:
-- ADTRAN Inc.
-- Dura Pharmaceutical Inc.
-- General Nutrition Companies Inc.
-- Oxford Health Plans Inc.
-- PairGain Technologies Inc.
-- PhyCor Inc.
-- Sybase Inc.
-- U.S. Office Products Company
-- Wisconsin Central Transportation Corporation .

((Wall Street Desk +1 212 859 1881))