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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: SteveDavis who wrote (316)7/31/2000 11:12:30 AM
From: average joe  Read Replies (2) of 1426
 
Amen.

The exchanges could be cleaned up overnight by grouping companies according to earnings. 1) company with earnings 2) companies with prospect of earnings 3) companies with little prospect of earnings.

A qualifier on the front of the certificate would help, such as "Purchasing this security is akin to buying a lottery ticket"

The reason it can't happen is it would offend the accountants and lawyers who make their living legitimizing penny shell companies.
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