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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: gaj who wrote (88039)3/12/2000 9:59:00 AM
From: gaj  Respond to of 120523
 
OT: review of nasdaq site, midtown new york.

quick summary: don't waste your money. or that of your worst enemy.

ok...so i had some time to kill in midtown during the trading day (i had a day off) last week. the naz center, on 43rd/broadway, is quite impressive from the outside; 8 stories tall (LED), with the potential (now?) to have all the tickers going by on this screen, when it's not filled with advertisements. from the outside, you can check in the *1* television area where they broadcast from. in there are a few cameras, the now-standard backdrop that you've seen, and (in the case of a new IPO), a naz-sponsored table with champagne, etc.

the admission to the site is $7; 5 during its initial opening period. you sign up for a 'self-guided' tour, yet that has a guide...

inside, we go up an elevator, and sit on the floor (on the carpet) in front of a large wide-screen, for a 10 (?) minute film on a fictitious company which sounded a lot like XYBR, and had different shots of 'regular' people investing in the company, the employees being happy that worldwide regular people helped their company, and a somewhat 'futuristic' film. had nothing of substance, and talked of the naz going 24/7.

then, the person put us in front of a 'kiosk', which overlooked where the television broadcasts occur - more like a screen on a table, which had 2 options: 'information' on what was on the big naz screens, and the 'market master' game, which is "4 minutes of you to buy and sell stocks, starting with 100k".

the informatino was standard stuff, that cnbc explains once every so often. the market master was 6 stocks, at different points in time (ie. 1985-1988), and the price would change every second, reflecting the price change each week, and you had to buy/sell based on that.

they told us that we could not go down to the broadcast area, because they were live, and there was no aera to check things out down there. in between our floor and the tv floor were the camera rooms, where each broadcast team had their own narrow 'cubicle' type area to control broadcasts. the broadcasters make their own decision for what symbols appear, not the naz...

finally, we were taken to a computer terminal, that was linked to nasdaq.com, and encouraged to look at it there....

all in all, it wasn't worth 25 cents, nor the 30 minutes it all took of my time. even people who have never been in the market would get next to nothing out of it.

i do have to check out the NYSE, however; i've been told that's good....

-bob



To: gaj who wrote (88039)3/12/2000 10:48:00 AM
From: lee kramer  Read Replies (1) | Respond to of 120523
 
gaj: Your record is phenomenal! May you continue to do so well. They'll probably kick you out of the office if you win the pool again. However, one never questions the Bufflekarp. If he says 5%, it's 5%. The man did quite well over 30 years. (Lee)