Vince - searched "State Street Corporation" in Deja.com - your opinions??? - is this accurate??? - Rick

(1) http://x75.deja.com/=yahoo/getdoc.xp?AN=670853904&CONTEXT=970844978.765263923&hitnum=0

Question: What is an "ELOT" share?

Subject: Top Institutional Holders of ELOT Shares Value Heartland Advisors Inc. 6,990,500 $10,269,044 Dimensional Fund Advisors Inc 1,640,300 $2,409,601 Barclays Bank Plc 946,345 $1,390,181 TIAA Cref Investment Management, LLC 471,500 $692,634 Caxton Associate
From: lkgeo1@aol.com (LK GEO 1)
Date: 2000/09/17
Message-ID: <20000917112202.28953.00003623@ng-cg1.aol.com>
Newsgroups: alt.invest.penny-stocks
[More Headers]

Top Institutional Holders of ELOT Shares Value

Heartland Advisors Inc. 6,990,500 $10,269,044
Dimensional Fund Advisors Inc 1,640,300 $2,409,601
Barclays Bank Plc 946,345 $1,390,181
TIAA Cref Investment Management, LLC 471,500 $692,634
Caxton Associates, L.L.C. 298,000 $437,762
State Street Corporation 282,100 $414,405
California State Teachers Retirement System 281,920 $414,140
Mellon Bank, N.A. 216,110 $317,466
Northern Trust Corporation 180,585 $265,279
Canyon Capital Advisors LLC 175,000 $257,075

Institutional: 19% (22% of float)
(51 institutions)
· Net Inst. Buying: 388.0K shares (+3.02%)
(prior quarter to latest quarter) The volume has picked up in recent trading
days....the stock is obviously under accumulation.....check out institutional
ownership.....you will find substantial buying by institutions as management
had previously indicated would occur.....the next thing to watch is SUBSTANTIAL
UPSIDE MOVEMENT on continued increased volume to confirm reversal from downward
trend and renewed interest in the company........BEST BET......BUY AT THESE
LEVELS .....NOT GONNA BE HERE MUCH LONGER !!

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong
Buy)

(2) http://x51.deja.com/getdoc.xp?AN=629829119&CONTEXT=970845639.1381761076&hitnum=24

Excerpt:

"I. Proposed Modification of the Term ``Affiliate''
 
    Salomon Smith Barney represents that in early December
1999, Citigroup and State Street Corporation announced an
agreement to form a joint venture called CitiStreet LLC, a
Delaware limited liability company (the Joint Venture). The Joint
Venture, which was closed on April 1, 2000, is each 50 percent
owned by Keeper Holdings LLC (Citi), a wholly owned
subsidiary of Citigroup, and by State Street Bank and Trust
Company (State Street), a wholly owned subsidiary of State
Street Corporation. Both Citigroup and State Street
Corporation are publicly- held corporations.
    Salomon Smith Barney explains that the formation of the
Joint Venture may have resulted in the disqualification of State
Street Global Advisers (SSgA), a division of State Street, from
acting as a Sub-Adviser in the TRAK Program due to certain
ambiguities in the meaning of the word ``affiliate.'' Salomon
Smith Barney represents that SSgA is currently a Sub-Adviser
with respect to approximately $800 million in assets in the
International Equity Investments Portfolio and the Emerging
Markets Equity Investments Portfolio."

> Forum:
gov.us.fed.nara.fed-register.notices
>> Thread: 65FR35138 Notice of
Proposed Individual Exemption to
Amend and Replace Prohibited
Transaction Exemption (PTE) 99-15,
Involving Salomon Smith Barney Inc.,
Located in New York, NY

Subject:

65FR35138 Notice of Proposed

Individual Exemption to

Amend and Replace

Prohibited Transaction

Exemption (PTE) 99-15,

Involving Salomon Smith

Barney Inc., Located in New

York, NY
Date:

06/01/2000
Author:

roboposter

<roboposter@us.govnews.org>

Archive-Name:
gov/us/fed/nara/fed-register/2000/jun/01/65FR35138
Posting-number: Volume 65, Issue 106, Page 35138
 
[Federal Register: June 1, 2000 (Volume 65, Number 106)]
[Notices]             
[Page 35138-35144]
From the Federal Register Online via GPO Access
[wais.access.gpo.gov] [DOCID:fr01jn00-145]                       
 
-----------------------------------------------------------------------
 
PENSION AND WELFARE BENEFITS
ADMINISTRATION
 
[Application Nos. D-10809 and D-10865]
 
 
Notice of Proposed Individual Exemption to Amend and
Replace
Prohibited Transaction Exemption (PTE) 99-15, Involving
Salomon Smith Barney Inc., Located in New York, NY
 
AGENCY: Pension and Welfare Benefits Administration, U.S.
Department of Labor.
 
ACTION: Notice of proposed individual exemption to modify
and replace PTEs 99-15.
 
-----------------------------------------------------------------------
 
SUMMARY: This document contains a notice of pendency
before the Department of Labor (the Department) of a proposed
and replacement individual exemption which, if granted, would
amend PTE 99-15 (64 FR 1648, April 5, 1999), an exemption
granted to Salomon Smith Barney. PTE 99-15 relates to the
operation of the TRAK Personalized Investment Advisory
Service product (the TRAK Program) and the Trust for
Consulting Group Capital Markets Funds (the Trust). If granted,
the proposed exemption would affect participants and
beneficiaries of and fiduciaries with respect to employee benefit
plans (the Plans)
participating in the TRAK Program.
 
EFFECTIVE DATE: If granted, the proposed amendment will
be effective as of April 1, 2000.
 
DATES: Written comments and requests for a public hearing
should be received by the Department on or before July 17,
2000.
 
ADDRESSES: All written comments and requests for a public
hearing (preferably, three copies) should be sent to the Office of
Exemption Determinations, Pension and Welfare Benefits
Administration, Room N- 5649, U.S. Department of Labor, 200
Constitution Avenue, NW,
Washington, DC 20210, Attention: Application Nos. D-10809
and D-10865. The applications pertaining to the proposed
exemption and the comments received will be available for public
inspection in the Public
Documents Room of the Pension and Welfare Benefits
Administration, U.S. Department of Labor, Room N-5507, 200
Constitution Avenue, NW,
Washington, DC 20210.
 
FOR FURTHER INFORMATION CONTACT: Ms. Jan D.
Broady, Office of Exemption Determinations, Pension and
Welfare Benefits Administration, U.S. Department of Labor,
telephone (202) 219-8881. (This is not a toll-free number.)

(3) http://x51.deja.com/getdoc.xp?AN=605765201&CONTEXT=970845639.1381761076&hitnum=86

>> Forum: deja.comm.mis597c
>> Thread: 22 Banking, Insurance,
Real Estate & Investment Services
(Mon. 4/3)

Subject:

Re: 22 Banking, Insurance,

Real Estate & Investment

Services (Mon. 4/3)
Date:

04/02/2000
Author:

jpk112

<jpk112@my-deja.com>

Who are SSGA's customers? How did SSGA use IT to
improve customer service? What deployment pitfalls did they
avoid?
 
SSGA is the investment management division of State Street
Corporation. According to the CIO article, SSGA's major
business is "managing retirement plans for about 2 million
employees of 120 corporations," some of which are Fortune
500 companies.  Further, it appears that SSGA tailors
retirement plans to specific individuals within these
organizations. In 1998, SSGA "was able to relocate assets
from stock funds to safer bond and money market accounts
for those bearish
investors who wanted to bail out of the free-falling stock
market."  I assume this was at the individual investor level,
and not the aggregate company-level.
 
SSGA's $15+ million dollar customer service center allowed
the company to significantly decrease transaction times and
increase customer service levels, and gave it a significant
competitive advantage over many of its competitors.  The new
customer service center eliminated the need for paper forms,
which was the backbone of a slow, error prone system that
was very unresponsive to market fluctuations.  Under the
paper system, portfolios could only be evaluated and updated
on a monthly basis--even though the market could be tanking
daily.
Potentially then, investors could watch their investments take
a momentous nose-dive and be powerless to do anything
about it for weeks. The new customer service center system
"reevaluates assets daily and allows representatives to
complete transactions in less than 24 hours," giving
customers much more (damage) control over their individual
retirement plans.
 
The new IT system also created a company-wide information
repository that provides customer service representatives with
"instant" information about clients, their respective plans, and
plan-specific characteristics, rules, and regulations.  The new
system allows customer service reps to respond to queries
more quickly, more effectively, and more accurately ("system
won't allow customer service reps to perform a transaction
contrary to a plan's rules.").  In fact, under the new system,
customer service rep transaction accuracy has increased from
about 85% to 99.8%.
 
In implementing the new system, SSGA avoided a number of
potential pitfalls.  First, SSGA was able to avoid scope creep
by creating and meeting specific project deadlines. 
According to the article, "SSGA promised several major
clients that it would complete the system" by a specified date. 
Although not explicitly stated in the article, it appears as
though SSGA made its deadline and kept its promises. 
Second, SSGA addressed the issues of "system usability"
and potential "employee resistance to the new system" by
allowing customer service
representatives to help design the customer service system. 
Because the customer service reps were the ones who would
be using the system, it made sense to let them help design it. 
According to John A. Fiore, principal and CIO, "This is truly
a case where users (customer service reps) feel it is their
product, their tool...They own it."
 
Jeff