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

To: Francis Muir who wrote (33861)	10/28/1997 6:51:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 58324

Francis, re ETrade: they said everything was fine...see below... Stock market frenzy boosts 'net usage Financial and investment Web sites reported record traffic as investors scrambled to keep up with the turmoil on global financial markets. That helped the shares of several bInternet companies as America Online Inc. rose 5-1/8 to 79-1/8 after the online access provider reported a deluge of Web connections. Internet search engine developer Yahoo! jumped 8 to 46, Netscape 2-1/8 to 31-3/4, Excite 3 to 25-1/2, and Security Dynamics Technologies, a developer of Internet security products, added 4-3/4 to 36-1/4. Some of the largest online brokerages reported they were flooded with orders as financial markets went into a tailspin. Response time at Charles Schwab & Co.'s online trading site slowed to 16 seconds by one estimate -- more than twice last week's 7-second Web-answer time. A spokesman for the Motley Fool site said activity on its site was about 30 percent higher than usual, according to The Wall Street Journal. The New York Times had its highest online activity ever, with president Martin Nisenholtz attributing it to the fact people were at work near computers rather than home near TV sets, the Journal said. E Trade Group Inc., Schwab and Fidelity Investments said none of their sites crashed or failed to handle trades, Reuters reported. The chief executive of ETrade, Chris Cotsakos, called Monday "a watershed day in the confidence of the investor," saying his company's online execution system performed effectively despite twice-normal activity, the report said. GM