WCOM Message Board - Msg: 10937868

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Technology Stocks : WCOM

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To: JM who wrote (4879)	8/13/1999 9:56:00 AM
From: VFD	Read Replies (1) of 11568

WCOM better gets its act together soon or they are going to start losing customers. MCI WorldCom glitch puts Chicago e-trading on hold By Bloomberg News Special to CNET News.com August 13, 1999, 6:15 a.m. PT The Chicago Board of Trade, the largest U.S. derivatives exchange, said the opening of its electronic trading system will be delayed indefinitely because of problems with an MCI WorldCom communications system. The nature of the problem wasn't specified. MCI WorldCom said yesterday it was still having problems with its frame-relay network after a week of attempting repairs on Lucent Technologies software. Customers of the No. 2 U.S. long distance phone company lost Internet and email services, and the CBOT's Project A trading system was shut for five days. The problem didn't affect the exchange's auction-style trading pits, where traders buy and sell futures contracts face to face. The CBOT is home to futures contracts linked to U.S. Treasuries, the Dow Jones Industrial Average, and grains. The exchange was closed early yesterday because of a power failure. The Project A system won't be available to customers outside its Chicago headquarters.

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