Ed Ashley joined Nicholas-Applegate Capital Management in San Diego as a manager in research and development. He had been a senior engineer in business development for Sun Microsystems' San Diego office, where NACM was one of his accounts. At NACM, he is leading a project to develop a system based on Sun's Java Beans components to distribute market data throughout NACM's operations. He is doing the design and prototyping of the system.

Optimark Technologies hired Robert Young as managing

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