Fun_People Archive
2 Dec
Pentium based Nasdaq workstations

Date: Fri,  2 Dec 94 15:07:42 PST
To: Fun_People
Subject: Pentium based Nasdaq workstations

Forwarded-by: ber@morgan.com (Brian Redman)
Forwarded-by: rct@ubss.com

Data Source: Dow Jones
Keys: S.DJ N/MKT N/NDQ N/OTC N/STK R/NME R/US INTC
Thu., Dec. 1, 1994 @ 06:22 P.M.
 
=Small Stocks -5-: Intel Ends At 62 5/8, Not 61 3/16           
 
 (DOW JONES)  =Small Stocks -5-: Intel Ends At 62 5/8, Not 61 3/16             
=Small Stocks -5-: Intel Ends At 62 5/8, Not 61 3/16
   Shares of Intel Corp. closed at 62 5/8 rather than 61 3/16, as shown on
Nasdaq workstations, a Nasdaq Stock Market spokeswoman said. 
   The discrepancy caused an error in the configuration of the Nasdaq 100
Index, which measures the largest non-financial issues. That barometer
finished at 398.59, rather than the 397.66 displayed on Nasdaq workstations. 
   The bellwether Nasdaq Composite Index was also affected, although details
weren't available immediately. 
   Nasdaq wasn't immediately able to say what caused the errors. 
   (END) DOW JONES NEWS 12-01-94
    6:21 PM
 
There is some speculation that the problem was caused by a divide 
error on the Pentium based Nasdaq workstations.

© 1994 Peter Langston