Quantum Corp. DSSG Stock, Adtran Inc. Added To S&P Midcap 400 Index.NEW YORK--(BUSINESS WIRE)--July 29, 1999-- Standard & Poor's will make the following changes in the S&P MidCap mid·cap adj. 1. Or or relating to corporations whose retained earnings and outstanding shares of common stock have a value between those of small cap companies and large cap corporations. 2. 400 Index: -- Quantum Corp. DSSG DSSG Defense Science Study Group DSSG DISN (Defense Information Systems Network) Support Services-Global DSSG Distributed Storage Services Group (Indiana University) DSSG Desktop Support Services Group Stock (DSSwi) will replace Quantum Corp. (QNTM) in the S&P MidCap 400 Index after the close of trading on Tuesday, August 3, 1999. Quantum is replacing its existing common stock with two new tracking stocks. The tracking stocks are to reflect the performance of Quantum's two primary business units: Storage Systems Group (DSSwi) and Hard Disk Drive Group (HDDwi). The Hard Disk Drive Group will not be added to an S&P Index at this time. -- Adtran Inc. (ADTN ADTN Administrative Data Transmission Network ADTN Administrative Data Telecommunications Network ) will replace General Nutrition (GNCI GNCI Great North China Initiative ) in the S&P MidCap 400 Index after the close of trading on Thursday, August 5, 1999. Numico N.V. (a European company) is acquiring General Nutrition in a $25.00 tender offer anticipated to expire on that date. Quantum DSSG stock is intended to reflect separately the performance of its storage system business. The company, headquartered in Milpitas, California Milpitas (IPA pronunciation: mɪlpitʌs; inhabitants are called 'Milpitans') is a city in Santa Clara County, California. It is located with San Jose to its south and Fremont to its north, at the eastern end of Highway 237 and generally between Interstate freeways 680 and , will be added to the S&P MidCap 400 Computers (Peripherals) industry group. Adtran Inc. designs, develops, manufactures, markets and services a broad range of high-speed digital transmission products utilized by telephone companies and corporate end-users to implement advanced digital data services over existing telephone networks. The company, headquartered in Huntsville, Alabama Huntsville is the county seat of Madison County, Alabama. Huntsville is the largest city in northern Alabama in a region of a half-million people, with the city proper having 168,132 residents (2006 estimate). , will be added to the S&P MidCap 400 Communications Equipment industry group. Following is a summary of the announced changes: -0-
S&P MIDCAP 400 INDEX -- August 3, 1999
ECONOMIC INDUSTRY
COMPANY SECTOR GROUP
Quantum Corp.-
ADDED DSSG Stock Technology Computers (Peripherals)
DROPPED Quantum Corp. Technology Computers (Peripherals)
S&P MIDCAP 400 INDEX -- August 5, 1999
ECONOMIC INDUSTRY
COMPANY SECTOR GROUP
ADDED Adtran Inc. Technology Communications
Equipment
DROPPED General Nutrition Consumer Retail (Specialty)
Cyclicals
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