CSFB Direct(DIR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : CSFB Direct(DIR)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Techplayer who wrote (106)	6/2/1999 12:34:00 PM
From: LJM	Read Replies (1) of 406

Merrill Lynch's announcement of entering the fray of on-line trading has the whole financial sector down. Everyone is worried about increasing competition from on-line trading, cutting into their core business and reducing margins. It is my opinion, that all the major brokerage houses will have to follow suit which will increase competition amongst all the on-line trading companies. This will will mainly hurt the Merrill's of the world. They will be cannibalizing their own customers to an extent, while the existing on-line trading companies will continue to prosper and benefit from their already established business model and being ahead of the curve. (IMHO,FWIW) Still long and holding. LJM PS. The interest rate bias is a problem, too!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next