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Non-Tech : Moguls Mantra to the Markets -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (56)	12/28/2000 4:11:44 AM
From: 2MAR$	Respond to of 220

Didn't you sell this one for almost $10 once for a double ? siliconinvestor.com forty bagger short , it's a 25cent stock now, and they missed again...<g> Message 15088963

To: $Mogul who wrote (56)	1/4/2001 5:31:04 PM
From: 2MAR$	Read Replies (1) \| Respond to of 220

-SEC to vote on Nasdaq's SuperMontage Jan. 10 (Adds background) WASHINGTON, Jan 4 (Reuters) - The Securities and Exchange Commission (SEC) on Thursday said it will vote Jan. 10 on the Nasdaq stock market's SuperMontage proposal to provide a centralized display of buy and sell orders. The Nasdaq plan has been amended at least eight times to address the concerns of lawmakers and the electronic communications networks (ECNs) that provide alternate trading venues for Nasdaq-listed stocks. ECN's have expressed fears that SuperMontage will become a super-ECN that would hurt competition from the alternative trading systems. SEC Chairman Arthur Levitt has praised that competition but lamented the lack of a centralized listing of orders that would keep market participants informed of the best prices across all markets. The agency listed the Nasdaq plan for vote next Wednesday in its daily digest. Nasdaq, which is partially owned by the National Association of Securities Dealers Inc., welcomed the decision. "We look forward to the SEC meeting on our proposal. Over time, we believe that it has become increasingly obvious that the SuperMontage will be a step forward for market participants everywhere," a Nasdaq spokesman. ECNs, such as Reuters Group Plc's <RTR.L> <RTRSY.O> Instinet and Bloomberg's Tradebook, account for about one-third of Nasdaq's trade volume. "We are comfortable with amendment eight. We are comfortable with what is pending out there right now," a Tradebook spokesman said. "We support it." Instinet, the biggest of the ECNs, did not have an immediate comment. Nasdaq modified its original proposal to allow investors to choose whether to send their order to a traditional Nasdaq market-maker or an alternative computer-based trading network, known as an ECN. SuperMontage would list the three best buy and sell quotes, Currently, only one is listed. The Tradebook spokesman said the system also would include quotes entered voluntarily by Nasdaq dealers and ECNs. Market-makers buy and sell shares from investors and pocket the difference between the asking and bidding price. Under the original proposal, SuperMontage would have factored in commissions charged by the ECNs when calculating stock prices. This would make prices offered by Nasdaq's traditional market-makers cheaper, and SuperMontage would automatically route the orders to them first because their price would be better. ((--John Poirier, Reuters SEC Desk, 202-898-8399)) REUTERS *** end of story *