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

-18.8%

Nov 7 11:47 AM EST

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To: DMaA who wrote (13956)	3/18/1998 6:21:00 PM
From: Moonray	Read Replies (1) of 22053

NASD, Amex boards approve agreement on merger NEW YORK (Reuters) - The National Association of Securities Dealers and the American Stock Exchange Wednesday said their respective boards approved an agreement to merge the Amex into the NASD. The deal calls for the merger of the Amex ''into the NASD family of companies,'' the stock exchanges said in the statement. It would combine the Nasdaq, governed by the NASD, and the Amex, the nation's second and third-largest U.S. stock markets, respectively. The Nasdaq lists 5,466 companies worth $1.9 trillion, including high-tech heavyweights such as Microsoft Corp. and Intel Corp.. The market value of the 783 companies on Amex at the end of 1997 was $168 billion. Any decision on the proposed merger is subject to a vote by exchange members. o~~~ O

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