Coincidences between M(atrix) Theory and Algebraic Qft ?

This is a preliminary account of coincidences between algebraic QFT and some recent observations on \light cone quantization" and applications to \M" theory. The most surprising correspondence is that between the existence of wedge aaliated semiglobal eld coordinates without vacuum polarization and those light cone elds (on which \Matrix" theory is based) with analogous properties. There is also an indication that algebraic QFT leads to a generic \Holographic" picture of entropy. As a rule of thumb quasiclassical and geometric pictures abstracted from string theory correspond to nonperturbative quantum properties in the algebraic approach to QFT. The unravelling of the latter requires new physical concepts .