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To: tyc:> who wrote (44614)11/5/1999 12:08:00 PM
From: long-gone  Respond to of 116811
 
Well said, but I doubt any major private group will allow a full & complete accounting of their gold, & I don't agree it should be required. I don't want everyone knowing every oz I own, nor do you. If simply get the governments of the world to quit playing with paper gold & doing full inventories & audits, I'll bet we will win.



To: tyc:> who wrote (44614)11/5/1999 12:29:00 PM
From: long-gone  Respond to of 116811
 
All,
Will this put all the ducks in a row? How many sell orders do you guess will dash through the market (one day soon) at 999 shares?

NYSE Chairman Grasso Announces Proposed NYSE Initiatives BOCA RATON, Fla., November 5, 1999 -- Speaking before the Securities Industry Association (SIA) in Boca Raton today, New York Stock Exchange Chairman and CEO Richard A. Grasso announced a series of proposed NYSE initiatives, including an internet-based trading system, designed to reengineer the NYSE as it repositions for the new millennium.

"Today, we are both the leading and largest market in the world," Grasso said. "The changes I've discussed today will further enhance the NYSE's position as the center of global business today ... and tomorrow." Central to the Exchange's initiatives is the creation of an internet-based electronic order book, which will provide member-sponsored direct execution for orders of 1,000 shares or less.(cont)
nyse.com