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To: rrufff who wrote (2301)	7/10/2006 3:35:04 PM
From: StockDung	Respond to of 2595

Not to get too Oliver Stone-y, but could Rather be in L.A. for other reasons - like announcing that he's joining HDNet, Mark Cuban's high-definition TV network based in Dallas? It's been rumored for weeks that Rather will develop and host a weekly documentary series for HDNet, which reaches an estimated three million homes. HDNet is scheduled to present a Q & A session tomorrow to TV critics gathered in L.A. Thus far, the network has not confirmed the content of the session or who will be there. From a publicity point of view, HDNet would get a major bang for its buck by announcing Rather to critics, followed the next day by an hour-long wet kiss on CNN's most popular show. Dan Rather and HDNet. Turn the lights down, the party just got wilder. philly.com Gail Shister \| Rather, on CNN, disdains identification with CBS By Gail Shister Inquirer Columnist He may deny it, but Dan Rather is still hotter than a Laredo parking lot about CBS. Sharp-eyed viewers may have noticed that Rather was not identified on screen with his network of 44 years when he appeared on Anderson Cooper's 360 Wednesday to discuss his recent trip to North Korea. CNN didn't drop the ball, graphically speaking. Rather, ol' Dan didn't want CBS in the picture. Literally. In an in-house memo sent from a 360 staffer Thursday to CNN producers, they were told to "please feel free" to use taped snippets from Cooper's interview with Rather the previous night, but with one glaring caveat: "Mr. Rather requests that his font not associate him with CBS News. So no 'Former CBS Anchor.' We thank you and Dan thanks you." A CNN rep confirms the authenticity of the e-mail. Rather had no issue with being verbally identified on the show, she adds. Rather was fishing in Upstate New York and couldn't be reached for comment Friday. Rather, 74, left CBS in a rage June 20, saying the network had not lived up to its obligation to allow him to do "substantive work." His contract runs until late November. Rather anchored CBS Evening News for an unprecedented 24 years before being forced to step down in March '05 due to the Memogate scandal. He became a full-time correspondent for 60 Minutes. Look for Rather to crackle like a hickory fire Wednesday on Larry King's CNN confessional when he discusses his life after CBS and takes viewer calls. (Think Les Moonves will dial in?) Rather will be on set with Father King in L.A. No word whether CBS will appear anywhere near his name on the screen this time. Not to get too Oliver Stone-y, but could Rather be in L.A. for other reasons - like announcing that he's joining HDNet, Mark Cuban's high-definition TV network based in Dallas? It's been rumored for weeks that Rather will develop and host a weekly documentary series for HDNet, which reaches an estimated three million homes. HDNet is scheduled to present a Q & A session tomorrow to TV critics gathered in L.A. Thus far, the network has not confirmed the content of the session or who will be there. From a publicity point of view, HDNet would get a major bang for its buck by announcing Rather to critics, followed the next day by an hour-long wet kiss on CNN's most popular show. Dan Rather and HDNet. Turn the lights down, the party just got wilder. Calm seas at 'TXF. Fox's Channel 29 is becoming a lifeboat for local news refugees. Ahoy, mateys. WTXF news boss Holly Gauntt has received resumes and tapes from staffers at CN8, she confirms, adding that she hasn't actually interviewed anyone yet. News employees at CN8 in New Castle, Del., were told June 29 that the 1, 7 and 10 p.m. weekday newscasts would be eliminated after their Aug. 18 telecasts. The move is part of Comcast's plan to expand the network from local to regional programming. More than 40 CN8 staffers can apply for about 50 new positions, but no one is guaranteed a job. CN8 execs will decide after July 17 who stays, according to CN8 insiders. That date is not correct, says a Comcast rep. She would not provide the correct date, however, citing policy. Meanwhile, WTXF is expanding. Two weekday newscasts are being added, at 11 a.m. and 5 p.m. The 11 a.m. show launches Oct. 2; no debut date yet for the 5 p.m. Tasha Jamerson of Channel 17's now-defunct WB17 News at Ten joined 'TXF in March as a freelance reporter for The Ten O'Clock News. WB17 News' entire 30-person staff was fired in December, when the Tribune-owned station began outsourcing its 10 p.m. news to NBC's Channel 10. -------------------------------------------------------------------------------- Contact TV columnist Gail Shister at 215-854-2224 or gshister@phillynews.com. Read her recent work at go.philly.com gailshister.

To: rrufff who wrote (2301)	7/11/2006 9:01:37 PM
From: StockDung	Read Replies (2) \| Respond to of 2595

SOUNDS ALOT LIKE NFI AND OSTK WHICH IS OPTIONS MARKET MAKER RELATED. MISSED AGAIN BOBO!! "At the same meeting, the SEC will consider two other changes to Regulation SHO. One would tighten an exception from the rule for market makers in stock options, requiring them to close out short sales that hedge an options position with 13 days after the option expiration date - the same deadline imposed by Regulation SHO for hard-to-borrow "threshold" stocks. Individuals familiar with the proposal said the exception for options market makers has been another source of stock-delivery failures and that tightening it should help reduce such failures." =============================== Looks To Close Gaps In 2004 Short-Sale Rules By Judith Burns Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The Securities and Exchange Commission is looking to close some of the gaps left open by a package of short-sale reforms adopted in 2004. At an open meeting Wednesday, the SEC will consider three modifications to its Regulation SHO, which loosened some short-selling rules while cracking down on abuses such as "naked" short selling. The changes being considered would tighten the 2004 rule by eliminating a "grandfather" exception for some hard-to-borrow stocks, according to individuals familiar with the matter. Short sellers sell borrowed stocks, profiting when stock prices decline and shares can be replaced at a lower price. In "naked" short sales, the seller doesn't borrow or replace shares sold short, a practice Regulation SHO sought to curb by requiring brokers to locate shares to borrow before executing customer short sales. The SEC imposed stricter requirements for hard-to-borrow "threshold" securities, but exempted previously existing short positions, which the SEC said would avoid potentially volatile trading that might disrupt markets. Market data suggest that a big chunk of delivery failures in borrowed stocks are in positions shielded by the SEC's "grandfather" provision, prompting the SEC to rethink its stance. Since the volume of shares covered by the "grandfather" clause is tiny compared with the overall market, "we're comfortable that this can be done without causing dislocations," said SEC Commissioner Annette Nazareth. At Wednesday's meeting, the SEC will vote to seek comment on a plan to eliminate the "grandfather" protections and bring previously existing short positions under the stock-locate requirements of Regulation SHO. The SEC will propose that pre-existing delivery failures be closed out within 35 days after the rule change takes effect, which will require a second vote by the commission, likely later this year. Individuals familiar with the plan said it should put brokers and other market participants on notice now to borrow shares or close out naked short positions in "grandfathered" stocks. At the same meeting, the SEC will consider two other changes to Regulation SHO. One would tighten an exception from the rule for market makers in stock options, requiring them to close out short sales that hedge an options position with 13 days after the option expiration date - the same deadline imposed by Regulation SHO for hard-to-borrow "threshold" stocks. Individuals familiar with the proposal said the exception for options market makers has been another source of stock-delivery failures and that tightening it should help reduce such failures. A third change the SEC will propose is a minor one that targets an exception from short-selling restrictions for unwinding net short index-arbitrage positions, which is available provided the market hasn't declined by 2% or more from the prior day's close. Individuals familiar with the plan said the SEC will consider whether to change the market-decline index used to limit the exception from the Dow Jones Industrial Average to the New York Composite Index. - By Judith Burns, Dow Jones Newswires, 202-862-6692; Judith.Burns@dowjones.com - 11/07/2006 \| 22:27 -