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Non-Tech : CyBerCorp.com -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (162)2/3/2000 8:38:00 AM
From: Gregg Sterner  Read Replies (1) | Respond to of 1001
 
Frankly, from what I've seen in the chat rooms, DayTraders are not thrilled over this sale to Schwab. Personally, I don't see the cinergistic tie with Schwab nor any other full service Brokerage. CyBerTrader is a direct access system that bypasses the selling of order flow and allows you to counter the head-fakes the Market Makers often try. CyBerX and CyBerTrader just don't fit in with Schwab's mission statement to it's established customer base. It also competes with Schwab's current relationship with Market Makers.

Something just doesn't seem straight here. I don't believe that we're being told the whole story nor the future strategy.



To: rrufff who wrote (162)2/4/2000 9:58:00 AM
From: CyBerCorp.com  Respond to of 1001
 
rrufff,

Thank you for your inquiry. At this point we are commencing the beta phase of options trading. We will for an undetermined amount of time be testing and preparing the options portion of the software for general release. We are aware of the demand and need for that addition and are therefore diligently working to expedite this process. The acquisition will not affect the plans to test and release the software. In our opinion the acquisition will only strengthen the product we are preparing.

Sincerely,
CyBerCorp.com