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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (25910)	5/20/1999 8:52:00 PM
From: Gerald Walls	Respond to of 77400

So, if companies want to release info 'after the bell', to give investors a little time to think about it before they respond, when will they release it? You'd start seeing a slew of "Halted, News Pending" popping up regularly at about 4:15P ET and 9:00A ET. Merger announcements, earnings, whatever would have been reported during a closed market. Everyone now complains about not being able to respond to said news until the morning, but with 24/7 they'd be able to respond when the standardized time period (say, an hour? tow?) expired. Of course, the Instinet guys would still get in first unless the halt applied to off-market trading also.