COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

-67.5%

Nov 7 11:47 AM EST

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To: David Lawrence who wrote (16768)	7/23/1998 1:58:00 PM
From: Scrapps	Read Replies (1) of 22053

[Rule 80A is now in effect.] *NYSE Rule 80-A* With a market downturn, NYSE Rule 80-A, the "Stop-Ban" rule, may take effect. If it does, it will have the following impact: -- Retail brokerage customers may place new Stop and Stop Limit orders ONLY for 2,099 shares or less. -- Non-retail brokerage customers (non-individuals) such as Institutional Brokerage or Financial Advisor customers, may not place ANY new stop or stop limit orders. Rule 80-A will take effect if the S&P 500 (SPX) futures drop 12 points. This corresponds to a 70-90 point drop in the Dow Jones Industrials. Once in effect, the restriction will be in place for the rest of the trading day. Exception: if the drop occurs during the last 35 minutes of the trading day, Rule 80-A will NOT take effect. My comment: Twwwwwwwwwwtwttwtttwttwtt!!!

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