His comments prompted such frenzied trading on the national stock market in Milan on Tuesday that overloaded computers collapsed.

That day, the Dow plummeted a record 508 points, or 22.6 percent, to 1,738.74, in frenzied trading.

There was frenzied trading in India.

Unprecedented Trading Yesterday's frenzied trading on the nation's stock exchanges lifted volume to unheard of levels.

But the frenzied trading in New York did not portend an imminent shortage of oil.

Today's frenzied trading "has got nothing to do with value," said John J. Woods, editor of Stock Watch, a newsletter.

The gold stocks closed down in frenzied trading.

Mr. Hambrecht also contends that the approach will mean less frenzied trading by investors in search of a quick buck.

Unlike the frenzied trading in stocks, dealers noted that bond prices eroded gradually in light volume, while bills moved modestly higher.

At the closing bell, the July contract had lost 5.4 percent of its value in frenzied trading, finishing at $6.86 a bushel, down 39.4 cents.