Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (75)	3/21/2000 10:28:00 PM
From: Thomas Kelly	Read Replies (1) \| Respond to of 960

Keith, check out this post on the ZSUN thread. I think you're giving them a lot more credibility than they deserve. Message 13249394 BTW thanks for answering my complex question on how the SEG portal will work. Tom

To: keith massey who wrote (75)	3/24/2000 4:15:00 AM
From: WhatsUpWithThat	Read Replies (1) \| Respond to of 960

Keith/CC, I've spent a considerable amount of time doing my homework here tonight. Went back and re-read - slowly, with my brain as fully engaged as I can persuade it to be engaged - every post on the thread (glad there are only 80-odd). Even with a fully engaged brain I still came up short understanding a few things. The company also announced on January 18, 2000 a private placement of 1,866,667 units, which consist of 1 shares and one-half share purchased warrant, which has not closed. [...] When this private placement closes [...] Why would this PP not yet be closed? I'm not reading anything into it, I'm just trying to understand it better. Of the 9,330,099 shares outstanding, ~5,200,000 are free trading with the public float sitting at approximately 2.0-2.5 million shares. The 5,200,000 number is total issued less those under restriction, both the 1,000,000 you expect to be cancelled from the Ano deal and those under restriction from recent placements/option awards to insiders? The next PP for $10million US will increase the shares issued but they'll be also restricted for a period of time, correct? So the float will grow only on IPO...and even then it will not be very large. Am I getting this right? The more I look at this the more attractive it would be to me if I were adventurous enough to be trading overseas (which I'm not ready for yet <g>). The attraction of dealing with one entity for my trading, one site, one interface, one portal, rather than a different one for every exchange I want to trade on... I like aggregators, and in a sense that's what CPT is, an aggregator. Competition? I understand the posts about Schwab starting to fire up its "we can provide a single world-wide brokerage for you" image for clients, but the reality is that it's going to be very difficult indeed for them to migrate from their current silo/fiefdom org structure to the point that they truly can offer a single, cohesive, low cost, low hassle entity for clients to do trading around the world with. The larger the company is, and the longer it's been doing things a certain way the more entrenched the status quo is and the more meetings and internal Royal Commissions <g> and deal-cutting it takes to change. It could be a long time, and a Herculean (in fact along the way it will probably look Sysiphean (http://www.cultures.com/greek_resources/greek_encyclopedia/greek_entry.html/sisyphus_e.html) at times <g>) struggle for them to shake off the internal competetiveness that hinders and costs their clients. Love this quote, and it's quite apropos, IMO, though Drucker didn't intend it to be taken quite the way I'm using it here: Innovation requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday -- Peter Drucker CPT has no 'yesterday' to defend. Schwab does. Sorry for the length. It's just now you have got me thinking harder and harder about this one, doing my best to understand in more depth what you guys already see. WUWT