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To: Rascal who wrote (23545)	6/21/1999 9:35:00 PM
From: Tom Tallant	Respond to of 41369

Rascal, Beats the hell out of me...LOL Best, Tom

To: Rascal who wrote (23545)	6/21/1999 10:06:00 PM
From: David E. Taylor	Respond to of 41369

Rascal: I thought I understood the I-Watch pie chart, now I'm not so sure. I thought this was right: Orange = 95% of all institutional trades, reported through Autex. Green = Retail trades through brokers reported through Autoex (large retail brokers will generally buy/sell to their retail customers out of their own float, then replenish/dispose via block trades) Gray = All non-Autex reported trades, i.e retail trades not in the green section, online brokers, etc. But I E-Mailed Thomson (2nd time) today to try and get a better understanding. If you look at DELL, CSCO, COMS, MSFT, INTC et al today, you'll see hardly any gray, so what I've listed above can't be 100% right. If I get an answer this time I'll post it. David T.