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Technology Stocks : FreeMarkets Inc-(FMKT)

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To: Mohan Marette who wrote ()12/19/1999 2:41:00 PM
From: Seeker of Truth  Read Replies (3) of 414
 
As I understand it, in a certain time period FMKT conducted 1.4 billion of sales. In that period T. Kearney conducted about a billion of sales. What would you do if you were the managment of T. Kearney? In this business model the winner takes all. Why would anybody buy or sell at a smaller auction market place? It seems to me that commissions will be cut to zero in an effort to survive and this may be like Boeing and Airbus Industrie, both of which are huge and neither of which is very profitable. OTOH, maybe I am not seeing the true picture. (I'm long at 248.5.) We have to be the devil's advocate in order to sleep nights with any stock. Is anybody able to comment?
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