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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: Bill Martin who wrote (8700)1/12/2000 5:52:00 AM
From: JDN  Respond to of 17183
 
Dear Bill: I dont feel RABID I feel I have made a core investment in a basic requirement for the Internet growth. Seems pretty sound to me. JDN



To: Bill Martin who wrote (8700)1/12/2000 7:05:00 PM
From: Jerryco1  Respond to of 17183
 
From the Yahoo boards:

Late Trades
by: gdkenney (43/M/Washington, D.C.) 1/12/00 5:05 pm
Msg: 42569 of 42576
For anyone like me who is troubled by such movements after-hours, here is some info given me by EMC Investor Relations.
________________________________________
The trades that come after the 4:00 PM NYSE close are trades that take place
either on regional exchanges or the electronic crossing networks (ECNs).

The prices are determined by whatever price at which the buyers and sellers
are willing to make a trade. These trades can be at any price and any
volume and the resulting price is reported as the latest sale. Currently,
most of these trades are by retail investors taking advantage of the new
after market trading that is being offered by many brokerages. The
resulting lack of liquidity (or shares being traded) results in sometimes
volatile activity in the stock. All stocks that have been designated for
after market trading are subject to these same conditions. There are
currently minimal safeguards and regulatory oversight regarding these
trades; also, there is no one trying to create a fair and orderly market
like the one that exists on the NYSE.

These trades are not the responsibility of either the NYSE specialist or
EMC.

Neither the NYSE specialist nor EMC can do anything about this situation.
If shareholders have a concern, they should contact the Securities and
Exchange Commission (SEC) at sec.gov or the National Association
of Securities Dealers (NASD) at nasd.com; these are the two
agencies trying to develop regulations for the aftermarket trading. Both
have on-line complaint sections.

NYSE close prices are reported by most major publications like the WSJ, NY
Times, LA Times and Investors Business Daily. In addition, most mutual
funds use the NYSE close for their official pricing. Investors can look up
the official NYSE close at NYSE.com.

Information on extended hours trading can be found at:
nyse.com in the NYSE newslink section under
"Extended Trading Hours".

sec.gov

nasd.com in the Extended Trading Hours section

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