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To: LPS5 who wrote (7852)1/7/2000 5:24:00 PM
From: TFF  Respond to of 12617
 
Reuters' Instinet to Start Retail Internet Brokerage in April

They must have heard us talking;)



To: LPS5 who wrote (7852)1/9/2000 6:53:00 PM
From: TFF  Respond to of 12617
 
Earnings Warning Provides a Boost for Evening Trading Systems

New York, Jan. 7 (Bloomberg) - Lucent Technologies Inc.'s
profit warning yesterday was costly for the phone-equipment
maker's shareholders but a boon for after-hours trading systems catering to individual investors.

On MarketXT, more than 110,000 Lucent shares changed hands
yesterday, the company said. That was MarketXT's busiest stock
since it began trading Aug. 25. MarketXT matches trades for
Salomon Smith Barney and Morgan Stanley Dean Witter & Co.
customers from 6 p.m. to 10 p.m. Eastern time Monday through
Thursday.

The RediBook electronic network handled 2 million Lucent
shares yesterday from 6 p.m. to 8 p.m., a single-stock record,
President Larry Leibowitz said. RediBook is owned in part by
Charles Schwab Corp., Donaldson Lufkin & Jenrette Inc. and
Fidelity Investments.

In after-hours trading yesterday, Lucent plunged 17 1/16, or
25 percent, to 52 after it said first-quarter earnings fell to 36
cents to 39 cents -- below the 54 cents analysts expected.

Reuters Plc's Instinet Corp., which trades primarily for
institutional investors 24 hours a day, handled 7 million Lucent
shares last night and 7 million more today before the 9:30 a.m.
opening of the New York Stock Exchange. A spokeswoman for the
30-year-old system said the activity didn't set a record.