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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Zebedee Wright, Jr. who wrote (33850)10/28/1997 5:11:00 PM
From: N4ZQ  Read Replies (2) | Respond to of 58324
 
ZZZZ, thought you might like to see the humorous email from Discover/Lombard in past two days.

General Messages

Post Date
Subject:
Oct 28 1997
The exchanges are experiencing severe order entry report delays. Cancellations cannot be processed until the
original order is confirmed by the corresponding exchange. the delays are currently 90 minutes or longer.
Please use caution to avoid duplicate orders.

Orders showing 'placed' have been transmitted to the appropriate exchange. You cannot cancel 'market'
orders during markey hours. Entering cancellations on 'market' orders will only continue to slow the system.

Post Date
Subject: 10/27/97 Trading Halted
Oct 27 1997
When the market falls 550 points during the day, trading is suspended for a one hour cooling-off period.

This affects all exchanges and the OTC market.

Since this event occurred close to market close, trading has been halted until tomorrow, Tues, 10/28/97.
Orders submitted after 4:15pm ET will be queued for Tuesday.

Post Date
Subject: 10/27/97 Market Closure
Oct 27 1997
When the market falls 350 points during the a day, trading is suspended for a one half hour cooling-off
period.

This will affect all exchanges and the OTC market.

You will still be able to enter orders in the system and they will queue. When trading resumes, orders will be
in effect after subsequent opening. We will not be able to tell you what the new opening prices will be. Please
use caution when entering orders. Official market close is 2:36pm ET.



To: Zebedee Wright, Jr. who wrote (33850)10/28/1997 7:40:00 PM
From: Roger Nelson  Read Replies (1) | Respond to of 58324
 
<Just got off the phone with Monique Wise at Bloomberg. She's doing a story on ETRADE and other online brokerages. Anyone wanting to comment can call her at(212) 318-2608.

I gave them an C+ for yesterday and a big FFFFFFFFFFFF for todays action. Or should I say non-action.>

Zebedee, I'm not willing to spend the long distance money -- since I'm cheap as well as a good investor, but I just got off the phone with Etrade and the "Your call can be as long as 20 min" was actually 55 mins.

Roger
rsnelson@interserv.com