11.   But the defendants say they must be judged differently from Napster because the new exchanges have a fundamentally different technological underpinning.

12.   Computers will also feature prominently in this new exchange of ideas, Paxon predicted, explaining that members sat at computer workstations to brainstorm during the retreats.

13.   Even so, the new exchanges could present a formidable challenge to Nasdaq, says Bill Burnham, who follows the brokerage industry for Credit Suisse First Boston.

14.   Executives behind the new exchange are also talking with representatives from the Milan and Madrid exchanges about joining the iX, according to a statement from the LSE.

15.   For promising biotechnology and electronics companies, the new exchanges have been a godsend.

16.   Fourteen local stock brokers were licensed to trade on the new exchange as of this morning.

17.   Fourteen local stockbrokers were licensed to trade on the new exchange as of this morning.

18.   Goldman Sachs, Merrill Lynch and Morgan Stanley Dean Witter joined forces to create BondBook, a new electronic exchange for the fixed-income markets.

19.   He suggested that the new exchange might be an additional outlet for Jordanian companies to list their shares since trading on the Amman Financial Market is quite small.

20.   In a new exchange of dialogue, it is suggested that Robert has had homosexual encounters but has decided to find a woman with whom to share his life.