  A previously proposed algebra of asymptotic fields in quantum electrodynamics
is formulated as a net of algebras localized in regions which in general have
unbounded spacelike extension. Electromagnetic fields may be localized in
`symmetrical spacelike cones', but there are strong indications this is not
possible in the present model for charged fields, which have tails extending in
all space directions. Nevertheless, products of appropriately `dressed' fermion
fields (with compensating charges) yield bi-localized observables.
