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To: H James Morris who wrote (66027)	7/2/1999 5:04:00 AM
From: GST	Respond to of 164684

James -- wishing you are yours (referring to your money) a happy US birthday. A toast to prosperity and common sense -- hoping one day they will be one and the same.

To: H James Morris who wrote (66027)	7/2/1999 5:08:00 AM
From: GST	Respond to of 164684

Friday July 2, 4:06 am Eastern Time Softbank to make investment in OptiMark - WSJ NEW YORK, July 2 (Reuters) - Japan's Softbank Corp . is planning a major investment in the OptiMark trading system, the Wall Street Journal reported on Friday. Citing people familiar with the matter, the paper said Softbank is expected to invest between $75 million and $100 million in the Jersey City, N.J.-based OptiMark Technologies Inc., a closely held company known for its ''black box'' system for matching large institutional stock trades. On Thursday, Softbank, one of the world's biggest Internet investors, formed separate ventures with News Corp's new high-tech investment firm, epartners, and Vivendi, a French conglomerate that has become a major player in European media. How and when the money would be invested couldn't be determined, according to the paper. But barring unexpected obstacles, it would be among Softbank's largest technology investments to date. In response to the article, a Softbank spokesman in Tokyo told Reuters: ''We cannot confirm or deny the story, but it appears to be merely speculative.'' William Lupien, chairman of Jersey City, N.J.-based OptiMark, said, ''We are in the process of raising $100 million and we will be announcing something shortly, but we can't say anything beyond that. Nothing is a done deal until it's done,'' the Journal reported. --------------------------------------------------------------------------------

To: H James Morris who wrote (66027)	7/2/1999 5:10:00 AM
From: GST	Read Replies (1) \| Respond to of 164684

James -- read on -- getting the picture now? Friday July 2, 4:35 am Eastern Time Nasdaq officials meet with Shanghai exchange SHANGHAI, July 2 (Reuters) - Representatives of Nasdaq met with Shanghai stock exchange officials this week to discuss possible cooperation, Shanghai bourse officials said on Friday. Nasdaq executives met officials from the Shanghai exchange on Thursday but nothing was finalised, said one Shanghai stock exchange official, who declined to comment further. The Nasdaq officials could not be reached for comment. The technology rich Nasdaq is the second largest U.S. stock market after the New York Stock Exchange. Nasdaq has plans to launch operations in three Asian centres, including Hong Kong, Tokyo and Australia, officials have said. With Asian stocks roaring back to life, there has been renewed interest in cross listings with other markets.

To: H James Morris who wrote (66027)	7/2/1999 9:02:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

James, >> I can't figure out why 6.25% is such a big deal! I've had a bunch of my $money in Pmc, @ a average cost of 7 3/4. This is a boring stock, so it's great for the light hearted. Pmc has $300mil in mortgage back securities that are, Merril Lynch AAA rated. I get 12.50% on my $money, almost guaranteed,but the analyst's don't even cover it:-)) << Where can I get some info on that. I am interested in bonds for my brother who is retired. Is PMC Pacific Management Corp ? is that PIMCO ?