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Gold/Mining/Energy : Versus Technologies Inc. (Canada) IPO
V 326.56-0.1%Dec 9 4:00 PM EST

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To: cash money who wrote (85)6/2/1999 12:24:00 PM
From: Stocker   of 131
 
ML - Merrill Lynch.

Could be that some people are thinking that Merrill will offer online trading in Canada too eventually - that's competition for E-Trade.

I think that Merrill's move into online trading has made some investors realize that the big brokerages are tired of losing clients to E-Trade etc. Now they're going to fight to keep those clients. As for "V" - the long-term opportunity is still there, it's just that the market has to sort out the impact of Merrill's and potentially other big brokerages' moves. This could turn out to be a chance to get some cheap V shares. Caution for now.
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