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Technology Stocks : Compaq
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To: XOsDaWAY2GO who wrote (43369)1/13/1999 12:31:00 AM
From: Night Writer   of 97611
 
>>>Firmly established among retail investors, the on-line firms are using their technology to hit Wall Street's profit centers. Electronic daytraders have already attacked Nasdaq's marketmaker spreads and driven much of the profitability out of the business (FORBES, Apr. 6, 1998). Compaq and the founder of E-Trade recently started a new electronic trading company called the International Securities Exchange, which plans to fully automate options trading, eliminating the need for floor brokers.<<<

I know about it. I waiting for it to open. The spread on options is often very high. 1/4 or better on a $1.50 option. Most option trading is already automated.
NW
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