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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (14110)2/18/1999 7:18:00 AM
From: j g cordes  Read Replies (2) | Respond to of 29382
 
IDTC component of new DJ index of internet service and commerce.

"Newsbytes - February 17, 1999 22:54

NEW YORK, NEW YORK, U.S.A., 1999 FEB 17 (NB) -- By Martyn
Williams, Newsbytes. Dow Jones & Co. [NYSE:DJ] has announced plans to
launch a new stock index focused on the volatile world of Internet stocks.

The Dow Jones Internet Index will consist of 40 stocks and seeks to represent 80 percent of the market capitalization of Internet stocks and will comprise two sub-indices, the Commerce Index and the Internet Service Index. Options based on the two sub indices will begin trading on the Chicago Board Options Exchange
on February 26 under the symbol "ECM".

The Commerce Index will initially comprise 15 stocks that gain at least 50 percent of their revenues from the Internet. Companies in the index are: Amazon.com Inc. [NASDAQ:AMZN], Beyond.com (Software.net Corp.) [NASDAQ:BYND], Broadcast.com [NASDAQ:BCST], Cdnow Inc. [NASDAQ:CDNW], Cyberian Outpost [NASDAQ:COOL], E*TRADE Group Inc. [NASDAQ:EGRP], E-Bay [NASDAQ:EBAY], Egghead.com Inc. [NASDAQ:EGGS], Excite Inc. [NASDAQ:XCIT], GeoCities [NASDAQ:GCTY], Infoseek Corp.
[NASDAQ:SEEK], Lycos [NASDAQ:LCOS], ONSALE Inc.
[NASDAQ:ONSL], Ticketmaster Online-City-B [NASDAQ:TMCS] and Yahoo! Inc. [NASDAQ:YHOO].

The Internet Service Index will track 25 companies that receive at least half their revenues from the supply of Internet services and include: America Online Inc. [NYSE:AOL], AtHome Corp. [NASDAQ:ATHM], Axtent Technologies Inc. [NASDAQ:AXNT], BroadVision Inc.[NASDAQ:BVSN], Check Point Software Technologies Ltd. [NASDAQ:CHKPF], CheckFree Holdings Corp. [NASDAQ:CKFR], CMGI Inc. [NASDAQ:CMGI], CNET Inc.
[NASDAQ:CNET], Cybercash Inc. [NASDAQ:CYCH], DoubleClick Inc. [NASDAQ:DCLK], EarthLink Network Inc. [NASDAQ:ELNK], Exodus Communications Inc. [NASDAQ:EXDS], IDT Corp. [NASDAQ:IDTC], Inktomi [NASDAQ:INKT], Mindspring Enterprises Inc. [NASDAQ:MSPG], Netscape Communications Corp. [NASDAQ:NSCP], Network Solutions Inc. [NASDAQ:NSOL], Open Market Inc. [NASDAQ:OMKT], PSINet Inc. [NASDAQ:PSIX], RealNetworks Inc. [NASDAQ:RNWK], Spyglass Inc. [NASDAQ:SPYG], Sterling Commerce Inc. [NYSE:SE], USWeb/CKS Corporation [NASDAQ:USWB], Verio Inc. [NASDAQ:VRIO] and VeriSign Inc. [NASDAQ:VRSN].