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Non-Tech : Nasdaq planning clampdown on Internet rumours

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To: Ken Merwin who wrote (2)9/5/1997 10:23:00 AM
From: Done, gone.   of 250
 
My view:

>> The new Nasdaq device, due to be installed by the end of the year, will track
some 4,000 Nasdaq-listed companies, searching for
price-sensitive information which has not been officially released. <<

Read:"hey you guys, not fair, only we should be allwed to trade on inside info."

>> Nasdaq has spent between $1 million and $2 million on the initial cost of the
device. <<

Not bad. For a smacker or two, you get to shut everybody up? Where can I get one?

Bounced Czech
(As Black Dahlia, who brought this to our attention stated on the Pluvia v. Westergaard thread, and I paraphrase: they are after our tounges with pliers!)
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