REMARKABLE -- United Airlines Stock

[David Farber <dave () farber net>]

Begin forwarded message:

From: "Peter G. Neumann" <neumann () csl sri com>
Date: October 1, 2008 12:25:21 PM EDT
To: dave () farber net
Cc: neumann () csl sri com
Subject: Re: [IP] WORTH READING Six-Year-Old News Story Causes United  
Airlines Stock to Plummet -- UPDATE Google Placed Wrong Date on Story  
| Threat Level from Wired.com

Dave, With respect to the United story, the last few minutes of NASDAQ
had an amazing event relating to Google stock that is not reported in
today's NYT and mentioned only in passing in a very brief detail-free
summary in the San Fran Chron.

 GOOG: Stock Quote & Summary Data   had this GOODy.

 Last Sale  $320.50
 Change Net $60.50  -15.89%
 Today's High/Low $483.63 / $39   [NOT A TYPO]

In a glitch that apparently remains to be explained,
the stock price took a horrendous dive in the last
few minutes and then recovered.  Although some people
tried to profit from it, NASDAQ apparently revoked all
transactions that occurred during the downward "surge".

TheAustralian.news.com.au blames "Erroneous trades" routed
to Nasdaq sent Google shares tumbling.  Shares rebounded
in after-hours trading to $413.06.

I look forward to some detailed explanations for RISKS.

Peter




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