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To: wgh613 who wrote (48515)	4/11/2002 3:05:11 PM
From: Ron Dior	Respond to of 208838

Bears having a feeding frenzy today. The Naz won't make a big move until some of the generals (Dow or Nas) start to move up. If a few start to break through their 52wk highs the Nas will explode. I think this will be the scenario soon. Market is not plummeting like the bears would have you think. The market is simply floundering with no direction and on low volume. It is easily manipulated due to these factors. Ron Dior

To: wgh613 who wrote (48515)	4/15/2002 6:18:10 AM
From: 2MAR$	Respond to of 208838

BEA Systems, Bank Of Scotland In Pact >BEAS BEA Systems Helps Royal Bank of Scotland Financial Markets Reduce the Risk of Retail Foreign Exchange Transactions Europe's Second Largest Bank Selects BEA WebLogic Enterprise Platform For Strategic Product Development SAN JOSE, Calif., April 15 /PRNewswire-FirstCall/ -- BEA Systems, Inc. (Nasdaq: BEAS), the world's leading application infrastructure software company, today announced an agreement with The Royal Bank of Scotland Financial Markets to run the foreign exchange processing system, FXmicropay(TM), on the market leading BEA WebLogic(R) Server. The Royal Bank of Scotland Financial Markets reviewed a number of application infrastructure platforms before choosing BEA's. FXmicropay is a foreign exchange processing system designed to help eliminate the risk and lower the costs of cross-border product or services transactions. The application has been developed by The Royal Bank of Scotland Financial Markets on BEA WebLogic Server(TM), with the capacity to process 3,000 transactions per second, 24 hours a day. FXmicropay's patent pending solution takes data feeds from multiple sources and aggregates foreign exchange prices in real-time, bringing the efficiencies of the wholesale market to the processing of some of the smallest cross-border product purchases. "The retail foreign exchange process has entailed an element of risk for merchants. Businesses buying products from companies overseas were subject to moving prices because there was no system for providing current foreign exchange rates," said Martin Spurr, head of e-ventures, The Royal Bank of Scotland Financial Markets. "Retail businesses have had to absorb the costs of processing on individual foreign transactions, because of volatile exchange rates and inefficient legacy processing systems, which are incapable of reacting to real-time market movements. This causes some organizations to avoid cross-border transactions and restricts their market penetration," continued Spurr. FXmicropay allows customers to purchase products at the exact price displayed and in the currency of their choice, making the process easier and helping reduce potential losses due to currency rate movement. As such, clients are more likely to buy from merchants that display prices in their home currency in the same way that language conversion localizes content. FXmicropay, due to go live this month, is designed to appeal to any company involved in high volume foreign exchange execution, including card scheme companies, equity brokers, travel and tour operators, m-commerce specialists, e-tailers and any other business that relies on traditional foreign exchange marketplace applications. "By combining FXmicropay and BEA WebLogic Server, using the J2EE open standard, we will effectively create an efficient marketplace for retail foreign exchange. BEA WebLogic customers will be able to connect once to FXmicropay, removing the complexity and cost of point-to-point systems integration," said Spurr. The foreign exchange market is the world's largest financial market, with total trades amounting to $1.6 trillion per day. FXmicropay will provide foreign exchange transactions processing and settlement services in over fifty currencies. About FXmicropay The Royal Bank of Scotland Financial Markets' real-time, high volume transaction processing system, FXmicropay(TM), provides clients with risk-free foreign exchange execution. FXmicropay provides clients with a fully integrated, automated foreign exchange processing capability, incorporating real time netting and aggregation benefits across global enterprises. FXMicropay's patent pending process combines the straight through processing efficiencies of electronic deal processing, real time risk management and settlement with full reconciliation and post trade services. For further information, please access www.fxmicropay.com. About Royal Bank of Scotland Financial Markets