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[RT] INO News - Market Summaries and Intra-Day News



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To those of you who trade options please be aware of the following
development.


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<font FACE="Arial, Helvetica" SIZE=2><b>Release Date: </b>Jun 28 2000<br><center><FONT SIZE=3><B>OCC Starting Information Center For Investors & Brokers</B></FONT></center><p><br><blockquote>CHICAGO, June 28, 2000 -- The Options Clearing Corporation (OCC)
announced today that a new investor call center for options information begins operation at OCC's Chicago headquarters on
July 3. The center, Options Industry Services, is accessible to the public by phone or e-mail and it will serve as the industry's
central resource for options education and information.
<p>``The increased interest in options is driving the need to step up educational efforts even more, so that people make
well-informed, wise decisions when using the options investment tool,'' said Paul Stevens, President, OCC and The Options
Industry Council (OIC). ``In addition, a recent survey of investors conducted by Yankelovich Partners reveals that 51% of
investors who don't trade options cite lack of information as the number one barrier. We believe this center will serve as a
valuable resource for those investors.''
<p>Options Industry Services will be funded and operated by OCC, the central clearing organization for exchange-traded options.
In addition, information available through the center is provided by The Options Industry Council (OIC), a non-profit
organization supported by the nation's securities options exchanges, to provide investor education.
<p>Options Industry Services, which is staffed with former traders and industry professionals, will not solicit securities transactions
or provide investment advice. Rather, it will be purely focused on providing education and tools for learning about options.
Services and materials provided by the center are free and include the following: <p>
<p>* Fulfillment of requests for materials from OIC, including options videos, interactive educational software and brochures,<br>
* Registrations for OIC's educational seminars,<br>
* Answers to basic and advanced options-related inquiries about
          industry terms, product specifications, and risks and rewards
          associated with options, as well as strategy and operational
          questions,<br>
* Information and specifications on products traded on OCC's
          participant exchanges.<p>
<p>
OCC's Options Industry Services will replace the 1-800-OPTIONS center, which has existed at the Chicago Board Options
Exchange (CBOE). On July 3rd, callers will automatically be connected with the new center. In addition, investors calling the
OIC's 1-800-952-8665 number will be automatically connected to the new center. Options Industry Services is accessible at
1-888-OPTIONS or options@xxxxxxxxxx and will be open Monday through Thursday from 8 a.m. to 5 p.m. (CST) and
Friday from 8 a.m. to 4 p.m., with extended hours to 5 p.m. on Expiration Friday.
<p>OIC Background
<p>OIC is a non-profit organization founded in 1992 by the nation's securities options exchanges to provide investor education
about equity options. Today, its members include The American Stock Exchange, Chicago Board Options Exchange, Pacific
Exchange, Philadelphia Stock Exchange and The Options Clearing Corporation. OIC's free educational programs include: an
educational web site at http://www.optionscentral.com, evening seminars throughout the continental United States and Canada,
instructional videos, educational brochures and interactive software. More information on these resources is available by visiting
the web site or calling 1-888-OPTIONS.
<p>OCC Background
<p>OCC, founded in 1973, is the largest clearing organization in the world for financial derivative instruments and was the first
clearing house to receive a 'AAA' credit rating from Standard & Poor's Corporation. Operating under the jurisdiction of the
Securities and Exchange Commission, OCC is jointly owned by The American Stock Exchange, Chicago Board Options
Exchange, International Securities Exchange, Pacific Exchange and Philadelphia Stock Exchange. OCC is headquartered at
440 South LaSalle Street, Chicago, Ill. More information is available through its Web site at http://www.optionsclearing.com.
<p>Contact: Pam Tvrdy of Options Clearing Corporation, 312-322-9853, or ptvrdy@xxxxxxxxxxx <p><center>--INO--</center></blockquote</FONT><BR><BR><BR>
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</x-html>From ???@??? Wed Jun 28 15:46:06 2000
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Date: Wed, 28 Jun 2000 15:22:36 -0700
From: "Monte C. Smith" <mcs@xxxxxxxxxxx>
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Subject: Re: NAVA PATTERNS
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Status:   

I looked around their website and didn't see anything that really
clearly answered that question. After searching around a while longer, I
saw a mention of how to contact them; the bottom of their secure order
page reads:

Send mail to marketsonline@xxxxxxxxxxxxxxxxx with questions or comments
about this web site.

One thing they do make clear is that once you buy the software, you keep
it...they have a no-refund policy.

Monte

Carl wrote:
> 
> I have heard that pre 1993,the program use to allow traders to input
> their Own pattern search criteria,rather than the current 50 canned ones
> included--if true,that Would be a "whole lot different".
> 
> .c
> 
> "Monte C. Smith" wrote:
> >
> > I don't know the history of this program, but they list these system
> > requirements on their website:
> >
> > System Requirements...
> >                   • IBM Compatible Computer (80286 or better)
> >                   • MS-DOS 3.0 or better
> >                   • Hard Drive
> >                   • EGA Video Card/Monitor or better
> >                   NOTE: Patterns is a DOS program that will operate
> > in                   MS-DOS from Windows 3.0-3.11 or Windows 95/98.
> >
> > With these kinds of requirements, it SEEMS like the current program is
> > probably not a whole lot different from earlier incarnations.
> >
> > Monte