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


To: russet who wrote (156)3/31/2000 9:55:00 AM
From: Crazy Canuck  Respond to of 960
 
>>They have promised the world, but have not said how much it's going to cost to trade throughout the world.<<

SEG's plan is to set up a low cost arrangement with the brokerages they have screened on each exchange. The difference for an investor is that without SEG they would either have to call the brokers at each of the exchanges themselves (and how do they screen them) or work through their own brokerage firm to then be routed to that brokerage firm's International office (if they even have one) or to a partner brokerage firm (if they even have one) on each of the respective exchanges. Each step of the way, the process becomes more costly as everyone takes their commissions.

SEG has streamlined the arrangement so it will be just you and the broker who trades on that exchange. And SEG will have already negotiated lower commissions on your behalf.

With respect to doing business in China, The World Trade Organization membership means a lot to China, as does the assistance of the Western World in their very ambitious development and economic plans. They would not do anything to screw that up. They learned that lesson a number of years ago. Any recent comments were no doubt pre-Taiwanese election posturings. Since the election, the rhetoric has subsided as expected. China is expected to have the largest economy in the world in a very short period of time. That fact is just too hard to ignore.

Crazy Canuck



To: russet who wrote (156)3/31/2000 10:37:00 AM
From: John Powell  Respond to of 960
 
Interesting view of history, seen through a somewhat fuzzy lens. Won't touch the statement about "elizabeth's mother and father taking over for that arshole"...given that you don't seem to know who any of them actually were your vision of context is likely equally distorted. Suffice it to say that I believe in change from within - by creating enough of a middle class I believe China will be irreversibly placed on a path that's similar to our own, and that my investment there will assist in that to some small degree. Had people made an equal outreach to other countries in the 1930's, fascism there wouldn't likely have gotten the same hold either. However, this is a forum for discussing a particular company, not world politics. Let's leave this angle where it is and agree to disagree.



To: russet who wrote (156)3/31/2000 11:24:00 AM
From: keith massey  Read Replies (1) | Respond to of 960
 
Russett

but have not said how much it's going to cost to trade throughout the world

There is no extra charge for doing trades through SEG... it is the same cost if you used the brokerage houses in that country directly. You can't get much cheaper than that <g>

As for the political issue...

During the 1990's China has gone through one of the most astonishing spurts of economic development in modern times. We have seen China's market-style reforms lift tens of millions of people out of poverty and, in some cases, to remarkable wealth. Tiananmen Square (1989) stopped growth in the country cold for several years and I highly doubt that anyone in China wants another incident that would get in the way of China becoming a leading economic world power. In my opinion what we are watching now is a lot of strutting but little will come of it.

Last week United Parcel Service announced launch of its new international financial services into China and we have seen a huge move by North American industries into China. I don't think UPS would do a move into China if they thought all hell was about to break loose.

That all being said....

SEG is a portal for WORLD exchanges, with China and Taiwan being just two of these.

Best Regards
KEITH