To: Zebra 365 who wrote (2249 ) 8/2/1999 11:34:00 PM From: Smokey888 Respond to of 4443
And you have to admit, the present delay can only be positive in that it has allowed more time for more players no matter what the delay was/is about. More players provides more opportunity for liquidity and it's probably true, that within the liquidity issue lies a bit of a problem. However, this isn't Rocket Science software gentlemen ... the software has been done for a long long long time. Consequently, Fred and company has had a good long time to work out detail and I don't think anyone can argue that Fred doesn't know the territory. But I would find it to be the story of the year if at this point Fred didn't have the "start up" completely figured out because it has a million chances of starting a fire of ignitions in all sorts of ways. If ENC's can do it then it can be done!! And if fund managers like the product enough to pass on verbally .. you can bet it will be in their institutional accounts. Additionally, I'm sure all have heard about the studies concerning the cost benefits of using VTS/VWAP ... you would have to be a first class fool not to use the system whenever possible and as often as possible and first in every trade and maybe even twice and three times to connect because trading VTS/VWAP makes you money -- thus, every attempt by managers will be a first, second and third attempt to route via VTS/VWAP. Furthermore, if you start out small (limited number of stocks) you can assure yourself "connections", once managers feel/save with these connections, additional offerings can be added almost weekly, if not daily and then once a mass of activity has been established, larger numbers of various stocks can be added. The process can be slowed, and hurried as the fire burns. Then, as has been pointed out in different forms, we're talking about "ONE" technical aspect of ATG. How many times do you run across a company start-up where there are 5 to 7 highly technical offerings within the same company for a mere $10bucks a share -- should you find more of these ...PLEASE PLEASE, LET ME KNOW. GoodNITE gentlemen.