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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (50150)	8/25/2000 1:51:14 PM
From: SmoothSail	Read Replies (1) \| Respond to of 63513

A note from Schwab: No After Hours Trading Session Friday, August 25th, 2000 In order to accomodate industry-wide system changes for the first phase of decimal trading next week, the After Hours Trading session for Friday, August 25th, 2000 will be cancelled. On Monday, August 28th, both the Pre-Market and After Hours trading sessions are expected to be available as usual. Decimal Trading Phase I begins August 28th, 2000 Decimalization is the process by which the securities industry will convert the quote and trade increments from fractions to decimals (dollars & cents). Decimalization will be phased in gradually; beginning with Phase I on August 28, 2000, with full conversion expected by April 2001. Phase 1 is planned to begin on August 28, 2000, and will include 13 listed stocks and their underlying options. Starting after the market close on Friday, August 25, acceptable prices for Phase I stocks will be in minimum increments of 1 cent. For Phase I options, acceptable prices will be in minimum increments of 5 cents below $3 and 10 cents above $3. Stocks in Phase I: New York Stock Exchange (NYSE) APC FCE.A FCE.B FDX GTW HUG MNS Anadarko Petroleum Corp. Forest City Enterprises Inc., Class A Forest City Enterprises Inc., Class B FedEx Corp. Gateway Inc. Hughes Supply Inc. MSC.Software Corp. American Stock Exchange (AMEX) EMA GBT MEG.A ONT PMD RBC eMagin Corp. Global Light Telecommunications Inc. Media General Inc. ON2.com Inc. Psychemedics Corp. Regal Beloit Corp. Open order conversion process will begin after market close on August 25th. Open orders in the 13 stocks scheduled for conversion in Phase 1 that have not been executed by market close on Friday, August 25, should be converted to decimal format prior to market open Monday, August 28, 2000.