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To: carranza2 who wrote (120946)6/25/2002 7:25:30 PM
From: Jon Koplik  Respond to of 152472
 
URL for Chicago Merc Globex "flash" quotes :

cme.com

(This stuff updates every 10 minutes all night long).

(They do take a break between 11:00 PM and midnight (East coast time)).

Jon.



To: carranza2 who wrote (120946)6/25/2002 7:28:19 PM
From: Wyätt Gwyön  Respond to of 152472
 
yes, he's the pits. better for the market to take it now. however, bubbleheads die hard, and i expect a big FOOL's RALLY after the selloff. what would rock is an extended selloff thru the end of this week. this could be just the opportunity i've been waiting for to get long all the tech trash in the nazdaq.



To: carranza2 who wrote (120946)6/25/2002 7:28:24 PM
From: limtex  Read Replies (2) | Respond to of 152472
 
carra - Not sure why this news should be such a big event. WCOM wasn't exactly OK recently so why the fuss. There was quite a bit of talk about BK so whats the big deal. That the numers might have been cooked just means the creditors will have another case against the auditors. BTW who were the auditors?

Much more of this and the big five auditing firms will dissapear as well.

Best,

L



To: carranza2 who wrote (120946)6/25/2002 11:40:16 PM
From: T L Comiskey  Respond to of 152472
 
Much need confidence...
Unfortunatly...what was once an interesting game of musical chairs..
has turned into a Shell Game.....
The phoenix is toast..

Asia markets tumble at open
WorldCom fraud, Micron loss hit techs, telecoms
By Mariko Ando, CBS.MarketWatch.com
Last Update: 8:59 PM ET June 25, 2002

TOKYO (CBS.MW) -- Asian stock prices opened sharply lower Wednesday as news of a $3.8 billion accounting fraud at WorldCom combined with Micron Technology's unexpected losses and declines on Wall Street to slam market sentiment.



Asia stocks tumble at open; dollar weakens vs. yen
Nikkei tumbles 2.4% to fresh 4-month low
Tech selling sideswipes Asian markets



Japan's NTT DoCoMo (DCM: news, chart, profile) opened ask-only with no buyers at 284,000 yen, 2.7 percent below Tuesday's close.

Other telecom issues also tumbled after WorldCom (WCOM: news, chart, profile) confirmed one of the largest corporate frauds in U.S. history. WorldCom's shares plunged 70 percent in after-hours trade. See full story.

The semiconductor sector also got hammered after Micron Technology (MU: news, chart, profile) posted an unexpected fiscal third-quarter loss, renewing fears over a recovery in the ailing sector.