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To: Mang Cheng who wrote (8898)1/11/1998 3:30:00 PM
From: C E D  Respond to of 25814
 
***OT***

To all,
I posted this to the ANSD thread also.
SI is under attack by hackers, using a new version of something called teardrop(bonk), the code sends corrupted UDP's to an IP address and causes the server to crash. SI comes up for a short time and then fails. Several sites are under attack, the code is available at a site called rootshell.com. their mission is supposed to be the forced improvement of security on networks, hence they make all kinds of crash toolkits available to the public. Microsoft is urgently working on the problem, but it appears this could also kill the electronic brokerage sites. All sites using NT and Win95 as servers without firewalls are exposed, Unix addressed the teardrop problem more extensively and the new variant is not affecting most open Unix type OSs, i.e. Linux. Always an Achilles heel. I don't know if this will cause a panic in the Electronic Brokerages or not, but be prepared.

Ed



To: Mang Cheng who wrote (8898)1/11/1998 11:54:00 PM
From: Duane L. Olson  Respond to of 25814
 
Mang, that at least gives us a bit more of a balanced view of things...amidst all the gloom and doom. However, much as I can buy their argument about earnings not taking such a big hit....well, I suspect folks are not going to be doing their trading based on fundamentals and TA for a while, don't you?... more like rumors and panic than rationale.. What do you suppose would be the best timing as regards covering the shorts and getting long for the snapback rally? dlo