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To: MythMan who wrote (194889)	10/2/2002 6:14:39 PM
From: yard_man	Respond to of 436258

got that beat -- probably get a huge rally tamari, though finance.yahoo.com

To: MythMan who wrote (194889)	10/2/2002 6:15:44 PM
From: yard_man	Respond to of 436258

makes me nervous when I see this stuff on all the boards where stocks have cratered messages.yahoo.com

To: MythMan who wrote (194889)	10/2/2002 6:42:51 PM
From: mishedlo	Read Replies (4) \| Respond to of 436258

NEW YORK (Dow Jones)--The New York Stock Exchange confirmed that Bear Stearns Cos. (BSC) made a clerical error in an afternoon trade Wednesday, a mistake that some traders said may have accounted for the stock market's late selloff. The exchange said that at around 3:40 p.m. EDT Bear Stearns mistakenly entered orders to sell $4 billion worth of S&P securities when it meant to enter an order for only $4 million. Bear Stearns confirmed that account and said it would have no "material impact on the firm." A spokeswoman said she couldn't provide further details. The NYSE said that all but $622 million of the orders were canceled prior to execution and that Bear has advised the exchange that the risk from the executed orders "has been substantially hedged." The Dow Jones Industrial Average, which was under pressure early in the session, sold off sharply in the last hour of trading, closing down 183.18 points, or 2.31%, to 7755.61. The S&P 500 Index ended down 20 points, or 2.36%, to 827.91.