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Bear Stearns Test Progress -- Bur Has FD/Micro Lost Already?

MANAGEMENT AND STRATEGY

Bear Stearns & Co.'s evaluations of data distribution systems from Micrognosis Inc., Reuters and Teknekron Software Systems Inc. are moving forward (TST, July 26) -- but Micrognosis may be falling behind.

According to sources both within and outside Bear Stearns, the firm's systems evaluation committee -- which includes both technical staff and users -- has met with frequent frustration in its efforts to extract information from Micrognosis regarding its handling of the former FD Consulting Inc

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