Date:    09/19/2000  6:29 PM
Subject: super montage

Please kill super-montage.  The small investor will get bad fills and , as 
usual, the rich will get much richer and we'll scrape along on smaller 
profits.  Why shouldn't my offer on an ECN be shopwn equally with the MM's 
to all investors and why shouldn't I be able to see the real inside spread 
at the top of the screen?
     
This will only benefit the NASD which wants  to take the NAZ public in an IPO.
     
Paul Kern
912 Park Ave.
Hoboken, N.J.
07030