Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (30996)	2/26/2000 10:54:00 AM
From: CIMA	Respond to of 150070

The Nasdaq Stock Market and NASD Regulation Reiterate the Obligation of Members to Comply with Conduct and Marketplace Rules Head Trader Alert #2000-09 Recently, The Nasdaq Stock Market, Inc. and NASD Regulation, Inc. have received complaints about member firms failing to answer phones during market hours. According to these complaints, market participants will often seek to access by telephone a quote displayed in the OTC Bulletin Board® (OTCBB) in an attempt to trade with the market participant posting the quote. What occurs, however, is the member posting the quote does not answer his/her phone because the member is short-staffed or there is high volume in the issue. Nasdaq and NASD Regulation® believe that such activity is contrary to National Association of Securities Dealers, Inc. (NASD® ) Conduct Rule 3320 and Marketplace Rule 6540(b)(1)(A). In light of the above, Nasdaq and NASD Regulation would like to reiterate the obligation of NASD members to comply with certain NASD Conduct and Marketplace rules regarding adequate staffing of over-the-counter (OTC) trading desks, order rooms, and/or other departments that execute customer orders. Members, especially those trading in the OTCBB, are specifically reminded to comply with Conduct Rule 3320, IM-3320, and Marketplace Rule 6540(b)(1)(A). Failure to comply with these rules may lead to disciplinary action by NASD Regulation. Specifically, NASD Conduct Rule 3320—Offers at Stated Prices—states that no member shall make an offer to buy from or sell to any person any security at a stated price unless such member is prepared to purchase or sell, as the case may be, at such price and under such conditions as are stated at the time of such offer to buy or sell. Additionally, paragraph three in IM-3320—Firmness of Quotations—states that each member furnishing quotations must insure that it is adequately staffed to respond to inquiries during the normal business hours of such member. Marketplace Rule 6540 (b) (1) (A)—Requirements applicable to Market Makers (OTCBB)—states that a Market Maker in a particular OTCBB-eligible security may enter into the Service a priced bid and/or offer, an unpriced indication of interest (including "bid wanted" and "offer wanted" indications), or a bid or offer accompanied by a modifier to reflect unsolicited customer interest. Every quotation entry must include the appropriate telephone number for the firm's trading desk. Nasdaq and NASD Regulation reiterate that members must implement procedures to ensure that phones of OTC order rooms or other departments assigned to execute customer orders are being answered while the firm is open (including the after-hours session, when applicable), notwithstanding market volatility or activity. Any questions regarding these matters and issues during the trading day may be directed to Nasdaq MarketWatch at (800) 211-4953 or NASD Market Regulation at (301) 590-6410. ______________________________________________________________________ To unsubscribe, write to dsprinting-unsubscribe@listbot.com ______________________________________________________________________ Advertisement: Enter to win $1000 at winfreestuff.com! What else do you want to win? If you want cash, gourmet foods, palm pilots, and other great prizes don't look any further than winfreestuff.com! We've got what you want. Check it out at: listbot.com

To: StocksDATsoar who wrote (30996)	2/27/2000 9:48:00 AM
From: Tom Allinder	Respond to of 150070

SFAD... it is simple... Look at this chart: bigcharts.com See these previous NRs: safetechnologies.com > read carefully the whole NR... especially near the bottom. safetechnologies.com This is a good one from Nov: safetechnologies.com There are other NRs dating back to last spring on the web site... reading through all this, SFAD has been building this business for some time... especially the acquisitions. Nothing fantastic other than a company is finally being discovered. They have no external PR Firm which means they have one less entity to dump shares into the market. I like this company... I think I will jump on a plane and go visit next week :) Tom