http://christianparty.net/nyse.htm
The New York Stock Exchange
The capitalization of the Nasdaq was estimated at $5 trillion on March 10,
2000 when it reached an all time high of 5048, so the 76% loss in value
since then represents a $3.8 trillion loss to American "investor".
The capitalization of New York Stock Exchange on January 14, 2000 was
estimated at more than $10 trillion when the Dow Jones Industrial Average
reached an all time high of 11,722, so the 34% loss in value since then
represents another $3.4 trillion loss to American "investors".
This $7.2 trillion loss seems to be getting no coverage at all in the "news
media", even though it completely wiped out any remnant of American
"personal saving", which had already gone in the red by $8.5 billion in
2000, at which time the US became the only industrialized nation in the
world with a negative personal saving rate.
Subtracting this $7.2 trillion loss from the negative personal saving of
2000 gives us a negative $7,208.5 trillion in personal saving.
Search Result 5
From: Info Junkie (bondrock at ifx.net)
Subject: Nasdaq to Freeze Certain Data -1st
Newsgroups: comp.software.year-2000
View: (This is the only article in this thread) | Original Format
Date: 1999/12/28
http://biz.yahoo.com/prnews/991227/dc_nasdaq__1.html (December 27, 5:33
pm Eastern Time)
(Is this any kind of "economic impact"?)
Nasdaq to Freeze Certain Data From December 27, 1999 Through January 3,
2000 as Part of Y2K Plan
WASHINGTON, Dec. 27 /PRNewswire/ -- The Nasdaq Stock Market® today
announced as part of Nasdaq's Y2K implementation plan there will be a
freeze on making data changes for equity and debt issues and market
participants from Monday, December 27, 1999 through January 3, 2000.
``This data freeze will be imposed to minimize the activity in the
system during the brief transition period to the new year,'' said Gregor
S. Bailar, Executive Vice President and Chief Information Officer of the
National Association of Securities Dealers (NASD) -- parent of The
Nasdaq Stock Market. ``For us, there's no such thing as being
over-prepared.''
The following updates will not be done during the freeze time frame:
New IPOs on Nasdaq or OTCBB
New additions (seasoned securities) to Nasdaq
Name changes for Nasdaq, OTCBB, non-OTCBB, MFQS and FIPS securities
Symbol changes for Nasdaq, OTCBB, non-OTCBB, MFQS and FIPS
securities
Addition to MFQS
Additions to OTCBB -- 211 filings
Additions to non-OTCBB trade reporting file
Name and/or symbol changes for existing NASD members
Name and/or symbol changes for clearing firms or agents
Name and/or symbol changes for ECNs
Additions of new NASD members
Additions of new Nasdaq or OTCBB market makers
N-100 and F-100 component changes
SOES tier changes
TSO changes (including N-100)
Time & Sales updates
The following updates will be permitted.
* Deletions (retirements) from Nasdaq, OTCBB, non-OTCBB, MFQS
and FIPS which result from a merger, exchange listing, etc.
* Additions to OTCBB resulting from Nasdaq de-listings
* Additions of a previously existing non-OTCBB security for
which a member actually has a trade to report.
* Deletions of NASD members
* Deletions of Nasdaq or OTCBB market makers and excused
withdrawals
* Ex-dividend and ex-interest dates
* Additions of an IPO to the OTC file for trade reporting
purposes
* Registration of market makers in a Nasdaq security
* Reg M and Passive Market Making updates
The Nasdaq Stock Market lists nearly 5,000 companies, has the largest
dollar volume of trades of any financial market, and trades ore shares
per day than any other U.S. market. Current market capitalization is
$4.5 trillion. Nasdaq is a subsidiary of the NASD, the largest
securities- industry, self-regulatory organization in the United States.
For more information about Nasdaq, visit the Nasdaq Web site at
www.nasdaq.com or the Nasdaq Newsroom(SM) at www.nasdaqnews.com.
SOURCE: Nasdaq Stock Market, Inc.
