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To: Alex who wrote (8254)	3/12/1998 1:29:00 PM
From: D LEE	Read Replies (1) \| Respond to of 116779

Has anybody heard of a proposed NASDAQ / Am. Stock Exchange Merger?? (Talk on the news today) My idea, if true, is that they may be trying to consolidate investors interest into a smaller overall pool of stocks because things really can't get much better than this. More people are in the market than ever before and seem to be comfortable with what they have in, "as long as the market goes up". If there is something of a mass exit as people change their minds it may be a rather strong one leaving people with not too much for any re entry (for the real bills they have been accumulating that must be paid for with $$$ they'll have to earn "pumping gas"). A merger to me suggests "the market" is trying to extend "the good times" as long as possible. Whether this is really good or not, I don't know, I just assume that if they loose control it will be a bigger swing backwards. It sure has me wondering what to think, because the people up top seem to have "some" ability to steer things the direction they want. So much for guessing when things are going to change. (And maybe, What will they think of next?) Can anyone verify this merger proposal? Dave