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Technology Stocks : Investment Technology Group (ITG) -- Ignore unavailable to you. Want to Upgrade?


To: Charlie Smith who wrote (33)4/27/1999 6:50:00 PM
From: Beltropolis Boy  Respond to of 70
 
>Did you see the annual report?

charlie.

no, but i finally got around to requesting it last week. for the record, i'm still on the sidelines.

big big big volume today in anticipation the lemmings (i.e., indexers).

kudos,
-chris.

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STANDARD & POOR'S ANNOUNCES CHANGES IN S&P INDICES

NEW YORK--(BUSINESS WIRE)--April 22, 1999--Standard & Poor's Financial Information Services will make the following changes in the S&P MidCap 400 and S&P SmallCap 600 Indices after the close of trading on Tuesday, April 27, 1999:

- Jefferies Group, Inc. (JEF) (Old) is spinning off its investment banking brokerage business into a new company to be named Jefferies Group, Inc. (New). The new Jefferies Group, Inc. will replace the existing Jefferies Group in the S&P SmallCap 600 Index.

- Investment Technology Group, Inc. (Old) (ITGI) will merge with and into the remaining business of Jefferies Group to form Investment Technology Group, Inc. (New) (ITG). The new Investment Technology Group, Inc. will replace Calgon Carbon (CCC) in the S&P MidCap 400 Index. Calgon Carbon is being removed for lack of representation.

Investment Technology Group, headquartered in New York, is a leading provider of technology-based equity services and transaction research to institutional investors and brokers. The company will be added to the S&P MidCap 400 Services (Computer Systems) industry group.

Jefferies Group, Inc. is a full-service brokerage and investment banker serving institutions and small to medium-sized corporations. The company, headquartered in Los Angeles, will be added to the S&P SmallCap 600 Investment Banking/Brokerage industry group.