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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: scanshift who wrote (4860)	6/8/1999 9:54:00 PM
From: -	Respond to of 7382

<Is ARCA dead as far as Goldman Sachs involvement?...> Scanshift, I see your "holy war" against ARCA continues. Got to give you credit for persistence. My answer is no, if you are familiar with current-day high-level marketing and positioning tactics, and you read closely between the lines, these guys are just building another sophisticated ECN... but they are "positioning" it as something else, without saying why. I would expect for a powerhouse like Goldman to spread their bets in this area. I have a lot of past experience at assessing this sort of stuff in my prior business (www.bellc.com) Primex looks like a major smoke-job to me. They are just positioning it, and boosting their "valuation"/visibility, in order to cut more deals and arrange financing. ARCA, on the other hand is real, today and growing. In tech, that's where the winners come from, until proven otherwise. Sure, better ECNs than ARCA may well come along (especially with ARCA's reputed intransigence and resistance to customer input); but these guys are blowing a lot of smoke which makes me suspicious. Remember two years ago, when PrimeMark was going to quickly "obsolete" institutional trading of large blocks on the NYSE?... -Steve

To: scanshift who wrote (4860)	6/9/1999 12:36:00 AM
From: spinynorman1323	Respond to of 7382

Hey Scanshift, If you bothered to interpret the Times story in any depth, your credibility would indeed suffer without fail. I guess by ignoring the pertinent subject matter you are able to humor yourself into thinking you have gained another ally by proxy. Similar to your embracement of Gretch the Wretch's spewings, it is amply evident of how simpleton minds do indeed meet. From your defense exhibit (the Times story)...... "In a deal indicating that even the largest Wall Street firms are unsure how or where stocks will be traded in the not so distant future,...." Helllloooo Scan. Do you think Goldman is gonna throw all their precious eggs into one basket?? Hardly a case for your perceived downfall of ARCA. "Primex will be accessible to brokerage firms, institutional investors, market makers and exchange specialists." So exactly what does this have to do with an execution system available to individual traders? Scan, you should drop everything; the crusade against ARCA/MB Trading, the self-indulging junkets to Kosovo, the medication, and anything else you're doing and fire off a resume to the Times or some other "respected" journalistic enterprise. I see greatness in your future. Blah blah blah.....and on and on. Signed, Anonymous (and still trying to figure the relevance of such)

To: scanshift who wrote (4860)	6/9/1999 5:04:00 PM
From: funk	Read Replies (1) \| Respond to of 7382

This made me think of you, and sure enough I see you are still at it. A national survey published in The Day America Told the Truth, (Prentice Hall, New York, N.Y. 1991, Patterson and Kim) reveals the true character of the American people. The polls for the survey were taken assuring anonymity to the respondents so the public felt free to reveal itself. The results indicated that, "91% of us lie regularly....The majority of us find it hard to get through a single week without lying. One in five can't make it through a single day--and we are talking about conscious, premeditated lies....Lying does empower us to be people we aren't. It gives us the illusion of control. There are more serious liars right now (liars who do harm) than at any time in our nation's past. Lying has become a cultural trait in America. Lying is embedded in our national character. That hasn't really been understood around the world. Americans lie about everything -- and usually for no good reason."