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<font face="Times New Roman, Times" size=4>Any comments
appreciated...<br>
<br>
Sunday, August 13, 2000<br>
<br>
bull cal sprds....sell sept/buy feb or further out...<br>
==================================<br>
<br>
lu@xxxxxxx/50<br>
nsm@xxxxxxx/45<br>
lly@xxxxxxx/85<br>
webm@xxxxxxxx/110<br>
<br>
<br>
sept put vert crdt sprds...<br>
=================<br>
<br>
jpm@xxxxxxxxx/125<br>
mdt@xxxxxxx/45<br>
itwo@xxxxxxxxx/125<br>
extr@xxxxxxxxx/140<br>
<br>
<br>
</font><font size=3>At 11:16 PM 8/14/00 -0400, you wrote:<br>
<blockquote type=cite cite>On the NYSE, instead of there being 16 price
points per dollar (ie, 1/16,<br>
2/16, 3/16, etc.) there will be 100 price points. I remember an
article in<br>
WSJ about a study done on this issue. I think it said there would
be a 40%<br>
increase in quote traffic on one of the exchanges and a doubling of
traffic<br>
on the options exchanges. I could be wrong about these figures, but
I<br>
remember it was a dramatic increase in quote traffic.<br>
<br>
Kent<br>
<br>
<br>
-----Original Message-----<br>
From: Mike Campbell <ug@xxxxxxxxxxxx><br>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx><br>
Date: Monday, August 14, 2000 8:32 PM<br>
Subject: Re: What options to sell?<br>
<br>
<br>
Kent Rollins writes:<br>
<br>
> Wasn't part of the problem during both 29 and 87, the fact that
systems<br>
> broke down and people started panic selling? The move to
decimals is<br>
going<br>
> to have a serious effect on quoted volume.<br>
<br>
I'm not doubting you, I'm curious. Why do you say decimalization
will<br>
have this effect?</font></blockquote><br>
<font face="Courier New, Courier" size=3>Jim...<br>
Atlanta, GA</font></html>
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