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Technology Stocks : PC Sector Round Table -- Ignore unavailable to you. Want to Upgrade?

To: Yogi - Paul who wrote (1542)	3/10/1999 3:11:00 AM
From: LK2	Read Replies (1) \| Respond to of 2025

*OT*NYSE and NASDAQ prepare for Y2K issue. All it takes is a drop in the DJIA of 2700 points, and everyone closes for the day. Now I feel much safer. Cheers. PS---The NASDAQ provides gives the current countdown to year 2000, in days, hours, minutes and seconds. For anyone who is bored or nervous, the site is nasdr.com nasdaqtrader.com >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Circuit Breakers Circuit Breaker Trigger Points and Trade Halt Durations for First Quarter, 1999 The National Association of Securities Dealers, Inc. (NASD®) has agreed, upon the request of the Securities and Exchange Commission, to halt domestic trading in all Nasdaq securities and all equity and equity-related OTC securities should the NYSE declare a market-wide trading halt, pursuant to their rules. NASD member firms should become familiar with the percentage-based, circuit-breaker standards and be prepared for trading halts in Nasdaq® and OTC trading should the Dow Jones Industrial Average (the Dow) decline to the applicable trigger-point levels established by this rule. The point-decline thresholds at which trading is halted change every quarter, so that those thresholds may accurately reflect the current market. The thresholds are percentage-based levels of 10%, 20%, and 30% declines in the Dow. The actual numerical points will be determined based on the state of the market each calendar quarter. For the first quarter of 1999, as shown in the table above, the thresholds are 900-, 1800-, and 2700-point declines. This page of the Web site will have the new trigger points displayed each quarter. For more information, please see General News - SEC Approves New Circuit Breakers Effective April 15, 1998. © Copyright 1999, The Nasdaq Stock Market, Inc. All rights reserved. Please read our Disclaimer. <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<