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To: Don Pueblo who wrote (6214)12/8/1998 6:18:00 PM
From: EL KABONG!!!  Respond to of 12810
 
TLC,

I wonder if he even has the cash (or margin requirements) to control 5,000 shares...

KJC



To: Don Pueblo who wrote (6214)12/8/1998 7:16:00 PM
From: John Sladek  Respond to of 12810
 
Hey there TLC

The funny part is that unless that guy is running a 100 million dollar fund ...

Here's a guy who probably shouldn't be handling a multi-million dollar account.

Regards,
John Sladek

cyberdefense.com
SECURITIES REGULATION AND THE INTERNET (E-BROKERS): Absent mindedly or not, be careful where you drum your fingers when trading on-line. On July 23, 1998, there was a massive and mysterious plunge in the value of French 10-year bond futures. The trades seemed to emanate from Salomon Brothers in London and reportedly are now "disputed trades." After a lengthy investigation by the private investigative firm Kroll Associates and software firm Cap Gemini, it appears that the bond futures plunge was caused when a trader at Salomon Brothers in London accidentally leaned on his keyboard and inadvertently struck an "Instant Sell" button. The repeatedly depressed button sent "a wave of 145 sell orders" that sent the
bond futures plunging market. Geez, no bonus for that trader for the next 100 years! See techserver.com

and wired.com.