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Re: pounds



At 11:51 AM -0500 9/29/98, PJohnson@CCCCD.EDU wrote:

Now if
only we could convince the NYSE to quote stock prices in decimal
dollars rather than fractions.

Poj

So stocks are quoted in EIGHTHS of a dollar. Just like a quarter of a
dollar is sometimes refered to as two-bits. i.e. eights bits/dollar. Maybe
this is related to the old Spanish coins 'pieces of Eight'?


(Looks like computer memory is already MUCH cheaper than a million
bits/dollar.)

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