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Barry Nobel, Philadelphia Stock Exchange, Philadelphia; Dave Fikejs, Equitec Proprietary Markets, Chicago; Tom Martinelli, TPM Corp., Media.

Vernon Keesey, Sagemark Consultant, Wayne; Jerry Kilgannon, Philadelphia Stock Exchange, Philadelphia.

Sean McNeil, Nasdaq Tools, Jersey City; Dietmar Choka, guest; Stacie Swanstrom, Nasdaq Tools, Washington D.C.; Bill Sanford, Galway Securities, New York.

Christopher Baker, Penn. Public School Empl. Ret. Sys., Harrisburg; Bruce Stewart, Jefferies & Co., New York.