Well, I think brokers charge too much money for the "common-man" and it makes sense if there really is downsizing ... people can just trade online, (i do) and get more information faster than a broker can provide me about a particular stock ..
As for the article, .... I note the following:
Zandberg (Jason Zandberg of Pacific International securities) has noticed the influence of Internet chat rooms on these types of issues. Cyberspace chat lines are meeting places on the World Wide Web where people can keep their real names private, but publicly weigh in with their opinions. Much of the chatter is spurious guessing and dubious information, he said. "(From) what I've seen, there hasn't been good quality information."
SPURIOUS Webster's Dictionary
Main Entry: spu·ri·ous
Pronunciation: 'spyur-E-&s
Function: adjective
Etymology: Late Latin & Latin; Late Latin spurius false, from Latin, of illegitimate birth, from
spurius, noun, bastard
Date: 1598
1 : of illegitimate birth : BASTARD
2 : outwardly similar or corresponding to something without having its genuine qualities : FALSE
3 a : of falsified or erroneously attributed origin : FORGED b : of a deceitful nature or quality
- spu·ri·ous·ly adverb
- spu·ri·ous·ness noun |
