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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Moonray who wrote (20695)	4/18/2000 11:39:00 PM
From: David Lawrence	Respond to of 22053

Sounds like a plan. Let me sleep on it. >>I suggest your proper course of action to remedy this situation, would be to give me all your worldly goods, for safekeeping. What really concerns me is the possibility of the Andromedans converting us into little blocks of salt and calcium. That wouldn't do. Nosiree.

To: Moonray who wrote (20695)	4/18/2000 11:43:00 PM
From: David Lawrence	Read Replies (1) \| Respond to of 22053

Mr. Worden's comments this evening. I tend to agree. Still Growling It's still acting like a bear. We've mentioned a number of times that one of the characteristics of bear markets is faster declines and faster rallies of the type we're seeing right now. If it walks like a bear and looks like a bear and growls like a bear, it's probably not a duck. We don't think the downside risk in the Dow is as great as that in the Nasdaq, but a number of the individual components that had been developing rather well are beginning to break down from what appear to be failed rallies. We don't know how far this is going to go down in either sector. But as a little kid, this guy learned when visiting the municipal zoo to "never put your hand inside the bear cage." At the very least a test of the lows lies ahead for the Nasdaq, and very probably for the Dow. I'm still building up cash to mop up some yet-to-be-respilled blood in the streets.

To: Moonray who wrote (20695)	4/19/2000 12:16:00 AM
From: David Lawrence	Read Replies (1) \| Respond to of 22053

Interesting post on the straight thread: #reply-13456562

To: Moonray who wrote (20695)	4/19/2000 2:31:00 AM
From: Scrapps	Read Replies (1) \| Respond to of 22053

Island Ready to Meet Decimalization Deadline NEW YORK--(BUSINESS WIRE)--April 19, 2000--The Island ECN, Inc. today announced that, consistent with the U.S. Congress's deadline for conversion to decimals for trading of stocks on July 3, 2000, Island shall be the first U.S. equity marketplace to offer investors the ability to trade in decimals. Island ECN President Matthew Andresen said, ``As the U.S. Congress has made clear, decimalization is one of the most important initiatives for creating a fairer, simpler, and more accessible marketplace for the individual investor. Investors should not be burdened with the cost of industry-established increments that limit investors' ability to obtain the best possible price.' The Island decimalization plan is completely voluntary and allows all participants to transition into the program in a fair, orderly, and clear fashion. Brokers and investors can select their preferred trading environment - decimals or fractions. Another key aspect of the Island plan is that it provides market participants with a competitive and economic incentive to progress to decimals as quickly as practicable. ``By providing market incentives, the Island plan ensures a timely transition to decimals that will benefit investors. We expect that investors will save hundreds of millions of dollars a year as the industry moves toward decimal trading, and we are proud to be one of the catalysts for this change,' said Island ECN President Matthew Andresen. Island's decimalization plan is consistent with the current relationship between Nasdaq and Island. Island already trades in increments finer than the Nasdaq market as a whole and is required to round its quotation information prior to transmission to Nasdaq. ``Different quote increments already exist within Nasdaq and have not been the source of any system problems or investor confusion. By progressing to decimals, we are further simplifying the market for millions of investors,' said Mr. Andresen. Island is an automated trading system for equity securities. It gives brokers the power to electronically display customer orders. Island functions as a pure auction market - directly matching buy and sell orders. Island was founded approximately three years ago with the intent of providing all market participants - from individual investors to large financial institutions - with the ability to execute transactions on a level playing field, at an extremely low cost without the presence of intermediaries or dealers. Visit Island at www.island.com -------------------------------------------------------------------------------- Contact: Island ECN, New York Andrew Goldman VP Corporate Communication and Corporate Affairs 212-231-5047