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To: esecurities(tm) who wrote (209)	5/13/1999 4:01:00 AM
From: Savant	Respond to of 314

Music to my ears. "Members of the Consortium are supportive of market models that align with the interests of issuers and investors" Now that's right thinking. MM better start lookin' for a new line of work. Try getting that GED perhaps. Best, Savant

To: esecurities(tm) who wrote (209)	5/13/1999 5:32:00 PM
From: esecurities(tm)	Read Replies (1) \| Respond to of 314

"Warburg Dillon Read to Join Instinet-Led Consortium; Consortium Acquiring Majority Stake in Tradepoint Announce New Member" NEW YORK, May 12 /PRNewswire/ -- The group of firms that have formed a Consortium to acquire a majority interest in Tradepoint is pleased to announce today that Warburg Dillon Read is a new member. Now there are six major brokerage and financial-service firms in the Consortium: Instinet Corporation, the leader of the Consortium, and a wholly owned subsidiary of Reuters Group PLC (Nasdaq: RTRSY - news) and the world's largest agency broker; American Century, a leading U.S.-based mutual fund company with more than $85 billion in assets under management; Archipelago, a premier U.S. Electronic Communications Network (ECN); and the leading global financial firms J.P. Morgan (NYSE: JPM - news) and Morgan Stanley Dean Witter & Co (NYSE: MWD - news), and now Warburg Dillon Read. Commenting on the transaction, Colin Buchan, Global Head of Equities at Warburg Dillon Read said, ''This is a positive step for the market and for our clients as Tradepoint will provide a complementary and alternative service to the existing exchanges. This exciting development will reinforce London as a premier financial centre.'' Tradepoint Financial Networks PLC (TFN.V), a U.K.-based electronic Recognized Investment Exchange, is an electronic, order-driven equities market for UK securities with a fully transparent order book. Established as a for-profit stock exchange, Tradepoint provides members with efficient electronic access and the ability to reduce investment costs. Tradepoint has over 80 members, including financial institutions and broker-dealers. Members of the Consortium are supportive of market models that align with the interests of issuers and investors and, therefore, they view Tradepoint as strategically important given the changes that are occurring in the equity markets around the world..." SOURCE: &copy 1999 Instinet Corporation Company Press Release Wednesday May 12, 10:14 am Eastern Time biz.yahoo.com