Chicago Board Options Exchange plans to offer Dow Jones Internet...

Chicago Board Options Exchange plans to offer Dow Jones Internet commerce index options trading beginning Feb. 26, while in a separate action the American Stock Exchange and TheStreet.com modified TheStreet.com E-Commerce index. The DJ Internet commerce index comprises 15 companies receiving 50% or more of sales and revenues via the Internet. The index is capitalization-weighted in that market caps of index companies will not be allowed to exceed 10% of the index when it is rebalanced quarterly. Some of the companies in the index are Amazon.com, Broadcast.com, Beyond.com, CDNow, Cyperian Outpost, eBay, Egghead.com, E*Trade Group, GeoCities, Lycos, OnSale, Infoseek, TicketMaster Online-City Search, Yahoo! and Excite. TheStreet.com substituted three companies to make the index more purely focused on companies that seek to make money directly from the Internet, as opposed to making money through or from the Internet as the CBOE index does, said AMEX spokesman Stephan Pechdimaldji.