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Technology Stocks : 2000: Y2K Civilized Discussion

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To: Hawkmoon who wrote (84)8/11/1999 12:17:00 PM
From: C.K. Houston  Read Replies (2) of 662
 
<Not downplaying the event Cheryl, but since it occurred and few of us in the public even noticed the problem, and the fact that CBOT was able to continue trading even with these problems. I tend to place the event in a nuisance category. ...>

Well, what may have been a "nuisance" to you, appears to have been a big deal for CBOT ...

"A glitch in MCI WorldCom Inc.'s data transmission network has partially disabled thousands of automated teller machines and restricted financial market trading of corn, soybeans and U.S. Treasury bonds ..."
greenspun.com

BTW - Did you know the MCI problem was a 4-day problem?
<MCI WorldCom said the problems began on Friday and continued through Monday ....>
biz.yahoo.com

LOL - No wonder MCI's stock price fell Monday. I find it fascinating that CNBC never mentioned these MCI network failures and attributed drop in stock price strictly to their new rate structure.

Cheryl
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