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

To: russet who wrote (160)	3/31/2000 1:42:00 PM
From: John Powell	Respond to of 960

Hey Russet, this was talked about close to the outset of the thread : Message 13212549 There are a couple of other related posts too but that was the most obvious one I could dig up. I apologize if my politics came off a little harsh on you, I sometimes get a little overzealous. Nuff said. Anyway the point you made at the end is the most important issue that will be dealt with technology wise in the next while I agree with you. I think that CPT is one of these, and the reasons that convinced me were laid out in the first few posts. If anybody else has others I'd certainly love to hear them and more importantly the rationale too (privately I guess, as it's kind of off topic for the thread too)...

To: russet who wrote (160)	3/31/2000 2:03:00 PM
From: keith massey	Read Replies (2) \| Respond to of 960

Russett This is not a love in and everyones views, positive or negative, are appreciated. You are correct that China is hostile to several nations right now and I am just giving my opinion on how dispute will play out based on what I have read and seen on the news. In fact when I was talking with Mr. Chu I asked him about the China political situation and how it would effect SEG because it is an issue. Mr. Chu was not concerned that the situation would have an effect on the long term success of SEG. In my opinion the success of SEG is not hinged on what China does. SEG has announced deals with leading broker firms covering 8 countries, which happen to include China. In addition, the company announced that a host of other brokers in Thailand, Brazil, Berlin and Australia are now in the process of approving the company's memorandum of understanding for their respective markets. If China does do something stupid and decides to go to war of course SEG will be effected, but so will the rest of the worlds stock markets. CPT is a Vancouver based company with an office in Hong Kong. I wonder if the above statement by Keith can be completely correct, given that there will be charges for currency conversion, and presumably some kind of fee garnered by SEG so they can make money on your transactions as well. If you had bothered to read all the previous posts you would find that your questions have already been answered in detail by individual on the thread. If you question how correct my posts are call the company and ask them yourself (604 871 9909).. I try to make sure I have all the facts straight before I post. SEG is providing a service to its partner brokerage houses. They are bringing them customers and also advertising the brokerage name and services. This type of worldwide advertising would normally cost the broker a huge amount of money. In addition, for brokers without online services they are also providing online trading for all their customers through the portal which would normally cost the firms millions a year. SEG's pay for this service is a significant part of the firms regular commission. In other words, if the customer goes through SEG or goes directly to the broker in that country the cost is the same. However with SEG you also get all the other added services such as realtime data from around the world, realtime news, analysis reports from all over the world, the ability to get in on foreign IPO's as well as numerous other incentive programs. They also have exclusive long term agreements with each partner broker that stops them from stealing the customer after SEG signs them up. So I guess the question is: If you had a choice to use SEG or sign up directly with a broker in a foreign country why wouldn't you use SEG? The cost is the same and you get numerous other value added service. given that there will be charges for currency conversion This is the big problem with all the other firms currently providing foreign trading and it is a big cost to the customer. In the case of SEG your currency will be held in the currency of the country you are dealing with so there is no currency conversion costs for each trade. Again, this was covered in detail in a previous post. Also, if SEG manages to win some lucrative market share from the big boys and girls,...I imagine competition or acquisition will come quickly. You bet competition will come in, that goes without saying. Every successful business model will bring the competition out of the word work. However SEG has long term EXCLUSIVE agreements with all their partner brokers so even if a competitor came along they could never sign all the top brokers in these countries since SEG already has agreements with them... they will be fighting over the scraps. SEG has been working on this technology for several years so any competition would have barriers to entry from a technology standpoint. In addition, look at the business contacts of SEG board members in the ASIA regions, this is another barrier to entry. And of course SEG is first to market and we all knows what this means. This does not mean that we will not see other online trading portals appear over the next few years, just the SEG will have several advantage over these new portals. After Ebay start an online auction house anyone could come in and offer a similar product.... so why is Ebay still around? Best Regards KEITH