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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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Wednesday, May 07, 2008
Systemax Inc. Schedules Earnings Conference Call and Webcast Announcing 2008 First Quarter Results
Comtex
PORT WASHINGTON, N.Y., May 07, 2008 (BUSINESS WIRE) ----Systemax Inc. (NYSE:SYX) announced today that it has scheduled a conference call for Friday, May 9 at 9:30 a.m. EST to discuss the company's results for the first quarter of 2008, which they will be releasing at the close of market on May 8.
To participate in the call, interested parties can dial 800-798-2884 (domestic) and 617-614-6207 (international), access code: 87854573 to register ten minutes before the call is scheduled to begin. This call is being webcast by CCBN and can be accessed at Systemax's web site at www.systemax.com.
If you are unable to listen to the live presentation, a telephone replay will be available from May 9, 2008 at 11:30 am ET until the close of business on June 9, 2008 and can be accessed by dialing 888-286-8010 (domestic) and 617-801-6888 (international) and entering access code: 75915135.
The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.fulldisclosure.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).
About Systemax Inc.
Systemax Inc. (www.systemax.com), a Fortune 1000 company, sells personal computers, computer supplies, consumer electronics and industrial products through a system of branded e-commerce web sites, direct mail catalogs, relationship marketers and retail stores in North America and Europe. The primary brands are TigerDirect, CompUSA, Misco and Global Industrial. It also manufactures and sells personal computers under the Systemax and Ultra brands and develops and markets ProfitCenter Software, a web-based, on-demand application for multichannel direct marketing companies.
SOURCE: Systemax Inc.
Systemax Inc. Donna Gehnrich, 516-608-7020 dgehnrich@systemax.com
Copyright Business Wire 2008
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