RE: block trades, I called a friend and asked for a run-down and he said there were lots of 5K, several in the 10 - 15K range, and a couple 25K. After the close there was a 25K at 21 5/8 and right at the close a 15K, not sure the price.
I'm more impressed with today's options:
cboe.pcquote.com
Here's a press release that's good news for the entire industry:
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Bell Atlantic Praises Passage of Copyright Law
PR Newswire - October 28, 1998 18:28
WASHINGTON, Oct. 28 /PRNewswire/ -- President Clinton today will sign into law important legislation that guarantees consumers the ability to receive quality, high-speed access to information on the Internet. The law also allows Bell Atlantic to continue to offer services customers have grown to expect -- including online directories, web links and web hosting -- without the fear of unjustified litigation.
"Passage of the Copyright Act is a watershed event for Internet users. Without legal uncertainties, companies like Bell Atlantic can deliver information to consumers at the highest speeds possible by deploying the most efficient technologies, thus avoiding the 'World Wide Wait'," said Tom Tauke, senior vice president for Government Relations at Bell Atlantic. "We applaud the foresight of the members of Congress who supported this bill and in so doing encouraged the unencumbered growth of the Internet."
Bell Atlantic.net(SM) Internet access subscribers using links powered by Infospeed(SM) DSL, for example, will be able to access information at blazing speeds without having to rely heavily on the congested Internet backbone. "Popular Web sites and material for Bell Atlantic.net customers will be temporarily held in local sites, not in computers 20 hops away across the Internet on the other side of the continent or some other remote location," said Amy McIntosh, vice president, Consumer Marketing for Bell Atlantic.
"Media historians will one day look back upon this event and compare it to the day when the cable industry won the right to retransmit local broadcast signals," said Mcintosh. "Today Bell Atlantic can guarantee that its customers will receive benefit from its high-speed services, like ADSL, from our local servers, even if there are bottlenecks that continue to clog traffic on the rest of the Internet."
SOURCE Bell Atlantic
/CONTACT: Susan Butta of Bell Atlantic, 202-336-7883, or
susan.butta@bellatlantic.com/
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