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Technology Stocks : USRX
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To: Craig Anderson who wrote (12247)2/20/1997 10:53:00 AM
From: Bill March   of 18024
 
No disrespect intended, but I disagree that day-traders provide ANY value to a market system--and I have heard that "quote" before. There are ample ways to value a stock without people jumping in an out, e.g., price to earnings, price to sales, blah, blah, blah . . . . Daytraders do just the opposite, they reduce liquidity and add volitility thereby reducing certainty.

I have nothing against daytraders, but they are by no means a neccessary evil, they are more of a needless bother.
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