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Technology Stocks : JDS Uniphase (JDSU)

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To: Venkie who wrote (12012)7/26/2000 9:01:11 PM
From: McNabb Brothers  Read Replies (2) of 24042
 
Venkie and thread,

Went to the Schwab website and found this message:

>JDSU (JDS UNIPHASE CORPORATION) was trading in "fast market" conditions at the end of the regular session on 7/26/2000. The stock's bid and ask prices were locked (i.e. the bid and ask prices were the same) from 3:52 p.m. Eastern Time through the market close at 4:00 p.m.
Market and market-type orders entered during this time period will receive a Nothing Done report, as the security was trading in a locked market.

Margin requirements and buying power for volatile stocks<

What if anything will this mean to the stock tomorrow for those that might have wanted in or out during the last 8 minutes? Very interesting to say the least and has anyone ever seen this happen before?

Hank
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