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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?

To: Whitetigr who wrote (1826)	11/25/1997 8:51:00 PM
From: zenin	Read Replies (1) \| Respond to of 12043

Interviews with FBI on the brokers and individaul's involved on Business Center today (or tonight your time in the U.S.) turning into a big story - imagine that.

To: Whitetigr who wrote (1826)	11/25/1997 9:44:00 PM
From: grw5	Respond to of 12043

Tigr, I think that this would be a good time to push for some changes in the way the markets work. The financial institutions are having to learn how to deal with a loss of interest revenue because of electronic transfer, I think it is time for the market to be dragged kicking and screaming into the computer age as well. JMO, but all this "three days to cover" and "two weeks to transfer" stuff hurts more than it helps. The capability is out there to settle accounts at the end of each business day. Personally, I do not believe in shorting as a strategy, but I understand how it works and agree that it has a place in the market. However, I think that there should be some mechanism in place that makes "naked shorting" impossible (not just illegal) and it should be enforced across the board to shareholder, broker, and market maker alike. I think it would make for a healthier market and healthier companies. New companies have enough problems to face without being run into the ground because of imaginary shares destroying the value of an equity. Regards, George