BEA Systems to Join FORTUNE e-50 Index.Business/Technology Editors NEW YORK--(BUSINESS WIRE)--March 2, 2001 FORTUNE announced today that BEA Systems BEA Systems, Inc. (NASDAQ: BEAS) is one of the major companies developing enterprise infrastructure software. BEA makes middleware, products that help software run on top of databases. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BEAS) will be added to the FORTUNE e-50(TM) Index (Symbol: FEX FEX Fexofenadine FEX Funding Exchange FEX File Extension FEX Flight Engineer FEX Field Exercise FEX Feature Extraction FEX Fluorescence Excitation FEX Fleet Exercise FEX Frequency Extender FEX Freshmen Externships FEX Floating Point Enabled Exception ) after the close of trading on Wednesday, March 7, 2001, replacing component VerticalNet, Inc. (NASDAQ: VERT). BEA Systems, Inc., based in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , provides e-business software and infrastructure to over 8,000 customers around the world. BEA Systems reported revenue of $256.0 million for the quarter ended January 31, 2001. The FORTUNE e-50 Index was developed by the editors of FORTUNE to be the definitive benchmark of the Internet economy. Index component selections are made at the discretion of the FORTUNE Index Committee. In general, the Committee selects the 50 companies that best represent the Internet economy in the subsectors of e-Companies, Internet Communications, Internet Hardware, and Internet Software and Services. Company additions to and deletions from the FORTUNE e-50 Index do not in any way reflect an opinion on the investment merits of the company. For more information about the FORTUNE e-50 Index, including Index policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental , as well as the entire list of companies in the FORTUNE e-50 Index, visit http://indexes.fortune.com. Index updates and changes can be viewed at www.amextrader.com. The FORTUNE e-50 Index is licensed for use as the basis of a number of investment products including the FORTUNE e-50(TM) Index Tracking Stock (AMEX AMEX See: American Stock Exchange : FEF FEF forced expiratory flow. FEF abbr. forced expiratory flow FEF forced expiratory flow rate. ), as well as conventional mutual funds, futures, and options on futures. These products are not sponsored, sold, promoted, or endorsed by FORTUNE, a division of Time Inc., and FORTUNE makes no representation and has no liability with regard to investing in them.
FORTUNE e-50 Index - Effective March 7, 2001
ACTION COMPANY INDUSTRY SECTOR
ADDED BEA Systems, Inc. Internet Software & Services
DELETED VerticalNet, Inc. e-Company
FORTUNE and FORTUNE e-50 are trademarks of Time Inc. FORTUNE makes no warranty as to the accuracy and or completeness of the FORTUNE e-50 Index or the data included therein or the results to be obtained from the use of the FORTUNE e-50 Index or the data included therein. |
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