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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?


To: LANCE B who wrote (3857)2/14/2000 7:26:00 AM
From: chapin  Respond to of 4792
 
Decimal Pricing Implementation Plan Due in 45 Days

Washington, D.C., January 28, 2000 Ñ The Securities and Exchange
Commission today ordered the securities markets to begin quoting
securities prices in decimals by July 3, 2000. The Commission order
requires the markets to submit a decimals pricing implementation plan
within 45 days and requires the options and equities markets to phase in
decimal pricing by year end. During the phase-in period the markets can
quote equity securities in price increments of up to 5 cents. The markets
must also create and conduct a pilot program during the phase-in period in
which a sample of securities will be quoted in one cent increments.

At the end of the 6-month phase-in period the markets must submit a
study to the Commission regarding the impact of decimal pricing on
trading and capacity. The study also should address whether a uniform
pricing increment is needed, and if so, what that increment should be.
Absent further Commission action, after submission of the study, each
market is required to submit for Commission consideration any rule
changes necessary to implement their choice of pricing increment.

SEC Chairman Arthur Levitt said, "Decimal trading will benefit investors
by allowing greater competition and making it easier to compare prices. It
will also bring about consistency with foreign markets, which now trade
in decimals. We look forward to working with the industry to ensure that
the transition to decimals goes smoothly."

Additional Materials Available on This Topic:
sec.gov

Mitch



To: LANCE B who wrote (3857)2/14/2000 9:30:00 AM
From: OFW  Read Replies (1) | Respond to of 4792
 
TEXN is a beautiful thing this morning - also TSIG! (eom)



To: LANCE B who wrote (3857)2/14/2000 12:32:00 PM
From: Honor+Integrity  Read Replies (1) | Respond to of 4792
 
Finally filled on USTI at .285.



To: LANCE B who wrote (3857)2/14/2000 12:43:00 PM
From: benner  Respond to of 4792
 
Lance, USCM doing nice today.. Up .04 and volume ahead of Fri. Could be breaking out.



To: LANCE B who wrote (3857)2/22/2000 6:06:00 PM
From: LANCE B  Read Replies (1) | Respond to of 4792
 
MAN THIS WAS AN IMPRESSIVE LIST PUT TOGETHER
2 WEEKS AGO....
TEXN,TCPI,NVXE,KAHI

RCJ- TCPI WAS AND IS A BEAUTIFUL THING...

To: Wayne Rumball (3854 )
From: LANCE B Monday, Feb 14 2000 6:59AM ET
Reply # of 3984

MY STOCK WATCH LIST...

STOCKS ACCUMMILATING AND READY TO RUN;
USTI,QPRC,GONT,

STOCKS THAT ARE GOING UP SLOWLY BUT EXPECT TO CONTINUE-
TNRG-OF COURSE...

STOCKS MOVING THAT STILL MIGHT HAVE MUCH MORE LEFT;
TEXN,TCPI,TVCP,FONX,TSIG,DSFT

STOCKS THAT ARE A PAIN IN THE *** TO WATCH BUT MIGHT BREAKOUT
ONE OF THESE DAYS-KAHI,NVXE,

STOCKS STILL CONSOLIDATING AND LOOK OUT FOR THE NEXT RUN BECAUSE THEY ALWAYS GO HIGHER THAN THE PREVIOUS;
MPSS,BCAM,



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