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In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.
Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy
into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending
on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial
Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will
rise and fall in value pretty much the same amount as the Dow or S&P.
You can also buy ETFs that invest in other
types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few
years, so there is no shortage of ETFs to invest in.
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Thursday, July 17, 2008
Youbet.com to Host Conference Call to Discuss Second Quarter 2008 Financial Results
Comtex
WOODLAND HILLS, Calif., Jul 17, 2008 (BUSINESS WIRE) ----Youbet.com, Inc. (NASDAQ: UBET) announced today that it will release its fiscal 2008 first quarter financial results after the market closes on Monday, August 4, and will host a conference call and webcast at 9:00 a.m. EDT on Tuesday, August 5. Both the call and webcast are open to the general public.
The conference call number is 888-727-7693. Please call ten minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access the live call on the Internet at http://www.youbet.com (select About Youbet.com). Please log-on fifteen minutes in advance to ensure that you are connected prior to the call's initiation. Questions and answers will be reserved for call-in analysts and investors. Following its completion, a replay of the call can be accessed for thirty days on the Internet at the above link. In addition, interested parties can also access a replay via phone for one week at 888-203-1112, passcode: 7646806.
About Youbet.com, Inc.
Youbet.com is a diversified provider of technology and pari-mutuel horse racing content for consumers through Internet and telephone platforms and is a leading supplier of totalizator systems, terminals and other pari-mutuel wagering services and systems to the pari-mutuel industry through its United Tote subsidiary. Youbet.com's website offers members the ability to watch and, in most states, wager on the widest variety of horse racing content available worldwide. Through this platform, Youbet offers members commingled track pools, live audio/video, up-to-the-minute track information, real-time wagering information, phone wagering, race replays, simultaneous multi-race viewing and value-added handicapping products.
SOURCE: Youbet.com, Inc.
Youbet.com, Inc. Jim Burk, CFO 818-668-2100 or Integrated Corporate Relations William Schmitt (Investors) 203-682-8200
Copyright Business Wire 2008
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