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To: GVTucker who wrote (63719)	9/1/1998 8:25:00 AM
From: nihil	Respond to of 186894

RE: "After-Market Trading" I think "after-market trading" is an oxymoron. If there is trading, there is still a market. Retail customers might well avoid Instinet because of the transactions cost, but in principle, one must go where the action is if he slept through the close -- or, like today, was struck catatonic with stark terror. 100 bucks a throw is a mere bagatelle when one contemplates the possible horrors of the morrow or trades regularly with MER. There are also many pressing occasions (earnings reports and other after-hour news) when recourse to after-hours trading is highly excellent and even necessary. One does not want to wait for London, Frankfurt or Zurich to open. Computer trading for the individual investor is going to become cheap, 24 hours, and generally available. This is going to be a real nightmare! --- no sleep, anytime, anywhere for anyone who cares about protecting his wealth from sneak attacks. Any other Dukies on this thread?