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To: Danny who wrote (84345)	11/16/1999 3:42:00 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 164684

I'm not selling anything.

To: Danny who wrote (84345)	11/16/1999 3:52:00 PM
From: Jay Rommel	Read Replies (1) \| Respond to of 164684

> Is this thing ever going to end:) The only thing that will stop this Bull market is if in Y2K Elvis comes back. I think this will scare the crap out of everyone and a sell off will ensue. CLASS 1 SELL???

To: Danny who wrote (84345)	11/16/1999 6:09:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Nasdaq systems fail briefly amid record volumes NEW YORK, Nov 16 (Reuters) - The Nasdaq, the nation's largest electronic stock market, said Tuesday technical glitches shut down its computer systems for about 20 minutes, paralyzing trading during a day that saw unprecedented share volume. The problems arose as the market processed a record number of shares -- 1.48 billion -- after the U.S. Federal Reserve raised short-term interest rates for the third time this year, but signaled it was unlikely to boost rates again in the near future. Investors responded by bidding up the prices of U.S. stocks, and the Nasdaq composite index hit a record close. Nasdaq's system stopped working for 17 minutes from 3:40 p.m. through 3:57 p.m. (2040 GMT through 2057 GMT) -- three minutes before the regular close, Nasdaq said in a statement. The shares of the world's highest-priced technology companies, such as Microsoft Corp. <MSFT.O> and Cisco Systems Inc. <CSCO.O>, trade on Nasdaq. Nasdaq attributed the glitches to "technical problems" that disrupted its trade reporting and quote systems. Officials were not immediately available to elaborate. Nasdaq resurrected its systems in time to keep them open from 4 p.m. until 6.30 p.m. Recently, Nasdaq decided to keep its pricing systems open until 6.30, even though it still officially shut its own last trading session at 4 p.m. "It was down for 20 minutes. It came up for a few seconds at the end, but then went back down," said James Volk, co-director of institutional trading at D.A. Davidson and Co., of Portland, Ore. Some traders linked the breakdown to the record share volumes. "Basically, around 3:35 (p.m.), the system just went down. Maybe it was overloaded," said a Nasdaq trader, who wanted to remain anonymous. "I called Nasdaq and they said it was systemwide." Nelson Gold, a trader in Nasdaq-listed stocks at Wachovia Securities in Atlanta, took the system glitch in stride. "It's a little traumatic when you're trying to do business," Gold said. "But it's not the end of the world." REUTERS Rtr 17:22 11-16-99