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To: blankmind who wrote (4951)10/13/1999 1:11:00 AM
From: Gary Korn  Read Replies (2) | Respond to of 10027
 
Here's a post from the YHOO board that had me laughing. Perhaps, if we are lucky, it is true. I've highlighted my favorite part:

One last thing for longs
by: nitehype (165/Schlong) 97681 of 97681
In the WSJ article posted todayhttp://www.ragingbull.com/mboard/boards.cgi?board=NITE&read=17143
If you go to the paragraph that starts "Similarly, Bersteins Mr Galbraith....."
Although it was a bearish article, they let this slip.
It says that NITE revenue per trade was $9.51 in Q2. In Q3 it was $6, but recently it was back up to $8.

Maybe they quit the midpoint pricing crap. I'm sorry but anyone who places a market order at the
open deserves to get screwed a 1/4 or 1/8 point. That is what limit orders are for.
Mid point pricing
did not attract any customers apparently.