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Non-Tech : Simula (SMU) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Silvers who wrote (1337)	8/26/1998 11:44:00 PM
From: Jaime H. Ayalde	Read Replies (1) \| Respond to of 1671

This is to the group as I have no desire to get into private argument. Excuse my selection of words if I have offended someone. This is hopefully the last of the discussion on the 15,000 trade. Over 100,000 shares have traded since and anyone has had the opportunity to take advantage, reverse or sell shares. So if the price is too low buy some, if the price is too high sell some. Sir, When someone goes through a red light or drifts past a stop sign with out coming to a full stop, they have committed an illegal action. Not following the rules, policies or procedures set by the elected governing body is committing an illegal act. There are policies and procedures to follow when trading and executing stock market trades on the US Regulated exchanges. Someone did not follow them to the detriment of millions of dollars in market cap disappearance. Breaking the rules is considered an illegal action. Most illegal acts are selfish in nature without the regard to the whole, Rules are set to protect the "whole". The NYSE does have P.P. so as to not resemble NASDAQ or Over-the-counter trading. Companies pay a high price to belong here, both in following P.P (regulatory req.) to belong and in turn are given a set of rules which the specialist will abide by. Now if you think no policies and procedures were broken, you are very naive. Get over it.