American Superconductor Selected for Inclusion in Russell Indexes.WESTBOROUGH, Mass.--(BUSINESS WIRE)--July 13, 1999-- American Superconductor Corporation (Nasdaq:AMSC AMSC Army Management Staff College AMSC American Mobile Satellite Corporation AMSC American Miniature Schnauzer Club AMSC Area Maritime Security Committee AMSC Acquisition Method Suffix Code AMSC Advanced Missile Signature Center ), a leader in the commercialization of superconductor A material that has little resistance to the flow of electricity. Traditional superconductors operate at absolute zero (-459.67 degrees Fahrenheit or -273.15 degrees Celsius). Experiments in the 1980s raised the temperature to -321 degrees Fahrenheit. technology for the electric power industry, today announced that its common stock has been selected by the Frank Russell Company for inclusion in the Russell 2000(R) and Russell 3000(R) indexes. The additions were the result of the Russell Company's annual reconstitution of its investment indexes, which took place on June 30. Frank Russell Company produces a family of 18 equity indexes of common stocks domiciled in the U.ormance, the Russell 2000 Index Russell 2000 Index An index measuring the performance of the 2,000 smallest companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 serves as a benchmark for small-cap stocks in the United States. measures the pe. Inclusion in the Russell 2000 and 3000 indexes is primarily based on market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. . American Superconductor American Superconductor Corporation,nd reduce operating costs for electric utilities and their customers. Products are sold directly or integratformation, please see www.amsuper.com. ### |
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