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SanDisk Corporation to Join the Nasdaq-100 Index Beginning November 13, 2003
NEW YORK, Nov. 6 /PRNewswire-FirstCall/ -- SanDisk Corporation of Sunnyvale,
California, will become a component of the NASDAQ-100 Index(R) , effective at
the beginning of trading Thursday, November 13, 2003. SanDisk will also be
included in the NASDAQ-100 Index Tracking Stock(SM) . SanDisk Corporation will
replace Biogen, Inc. , which is scheduled to be acquired by Idec Pharmaceuticals
Corporation . Idec will then change its name and symbol to Biogen Idec Inc. and
BIIB, respectively.
With a market capitalization of approximately $6.3 billion, SanDisk designs,
manufactures and markets industry-standard, solid-state data, digital imaging
and audio storage products using its patented, high density flash memory and
controller technology.
The NASDAQ-100 Index, launched in January 1985, is one of the most widely
followed benchmarks in the world. The NASDAQ-100 Index Tracking Stock represents
ownership in the NASDAQ-100 Trust. The Trust holds a portfolio of equity
securities that compose the NASDAQ-100 Index and aims to provide investment
results that generally correspond with its performance.
NASDAQ (OTC:NDAQ) (BULLETIN BOARD: NDAQ) is the world's largest electronic
stock market. With approximately 3,400 companies, NASDAQ lists more companies
and trades more shares per day than any other U.S. market. It is home to
category- defining companies that are leaders across all areas of business
including technology, retail, communications, financial services, media and
biotechnology industries. For more information about NASDAQ, visit the NASDAQ
Web site at http://www.nasdaq.com/ or the NASDAQ Newsroom(SM) at
http://www.nasdaqnews.com/.
The Trustee for the Nasdaq-100 Trust is required to adjust the composition of
the Trust within 3 business days of the effective date of a change to the
composition of the Nasdaq-100 Index.
Investment returns and principal value will fluctuate so that an investor's
shares, when redeemed or sold, may be worth more or less than the original
cost.
For more complete information about Nasdaq-100 Index Tracking Stock(SM),
including trust performance charges, expenses and potential risks, obtain a
prospectus from your broker, or call (888) 627-3837 or visit our web site at
http://www.nasdaq-100.com/. Read it carefully before you invest.
While there is no assurance that the performance of the Nasdaq-100 Index can be
fully matched, the Nasdaq-100 Index Tracking Stock is designed to provide,
before expenses, investment results that generally correspond to the performance
of the Nasdaq-100 Index. Index performance does not reflect the fees and costs
associated with investing. Investors cannot invest directly in the Index.
The sponsor of the Nasdaq-100 Trust(SM), a unit investment trust, is Nasdaq
Financial Products Services, Inc. ("NFPS"), a wholly owned subsidiary of The
Nasdaq Stock Market, Inc. ("Nasdaq," and collectively with its affiliates except
NFPS, the "Corporations").
"Nasdaq" and related marks are trademarks or service marks of Nasdaq and have
been licensed for use for certain purposes by NFPS. The Nasdaq-100 Index is
composed and calculated by Nasdaq without regard to Nasdaq-100 Shares. The
Corporations make no warranty, express or implied, and bear no liability with
respect to Nasdaq-100 Shares. The Corporations and NFPS make no warranty,
express or implied, and bear no liability with respect to the Nasdaq-100 Index,
its use or any data included therein.
ALPS Distributors, Inc., a registered broker-dealer, is distributor for the
Trust.
DATASOURCE: NASDAQ
CONTACT: Media: Wayne Lee, +1-301-978-4875, or Issuer & Investor
Contact: Lisa Chaney, +1-301-978-8281, both of NASDAQ; or Lori Barker, of
SanDisk, +1-408-542-9565
Web site: http://www.nasdaqnews.com/
http://www.nasdaq.com/
http://www.nasdaq-100.com/