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Non-Tech : Nasdaq Subscriber Agreement

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To: Michael Watkins who wrote (40)4/21/2001 8:10:54 PM
From: canuck-l-head   of 52
 
I understand. I guess if my "living" depended on the market, and if the market was red-hot right now, I might have been inclined to sign the agreement and say, "Chances are nothing will ever happen."

However, because all the stocks I have are "sleepers" right now (doing okay, but waiting for things to do better), I am not extremely concerned whether they sit for a week or two while I do my best to remedy an undesirable situation.

And if I actually get choked enough to leave TDW, I know that it might turn out for the better anyway. Life is like that.

The only thing I hope to accomplish is thus:

1. Get a better agreement for myself that is "reasonable" in scope.

2. Get the Nasdaq to realize that we aren't all ignorant and that they themselves aren't untouchable.

3. Prevent even the REMOTEST possibility of litigation, either on my part or the part of the Nasdaq.

I am not David slaying Goliath. I am one of many people who got a wake-up call, and we are answering it.

If enough people sqwak about something that isn't quite right, they can maybe change things for the better, to the benefit of everyone.

It's my general philosophy - leave things better than when you found them. Fact is, the numbers show that I am not the only one slighted.

Ya, I know all too well that true privacy isn't possible. One never really "owns" land; one is supposed to contribute to the public kitty to aid the less-fortunate in the general population (thus records are maintained); and information on anyone can be had for the right price.

But Rome didn't fall in a day. It fell piece by corruptable piece. I believe in taking personal responsibility, and for that I make no apologies.

Your comments have not gone "un-considered". It's just that I take it personally when I knowingly put myself in the position of (potentially) being proved a fool.

You are right. I have never signed such an agreement. But I can weigh risks, and there are enough risks in the corporate market already, aside and outside of bad legal agreements. That is a risk I want to negate. Too many risks, and one begins to lose perspective of what could bring harm. I'd rather drive an auto with front, side and rear windows than only a front window. Even shit from the past (shit in the rear window) can harm you.

I have been burned - I had to declare bankruptcy once because I figured that other people would hold up their end of the bargain. But the other parties had the power, and I didn't. Complacency on my part brought me to my knees.

When you say that if things get to the point of litigation, "C'est la vie", I say, "Uh-uh. Not me. I'm not willing to be a test case for anyone else's (ie, Nasdaq) stupidity." I haven't got much (yet) this second-time around the bush, but what I do have I am willing to fight for.

Regards,

canuck-l-head
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