To: keith massey who wrote (162 ) 3/31/2000 3:42:00 PM From: russet Read Replies (2) | Respond to of 960
Hi Keith and John, The SEG part of CPT, is interesting, but appears to be the focus of our discussions. I wonder how big the market is, given that a little player might have to split his/her assets up into several countries they may want to play in. Perhaps only well heeled players and institutions will use this service in any significant way. These people have resources to gain significant discounts from the big companies, that may make up for the apparent discount to trading commissions that the SEG model will give. What does this say about potential revenues to SEG from this service? Will the well heeled still prefer to go with the big financial companies and mutual funds? There has been some pretty lofty calculations made on CPT's shareprice on this thread based more on market speculation of IPO's than on the potential to generate revenue and profits. Then what about the risk of having your money with this company, SEG? If I deal with a big institution with an office in Canada, I can sue them here in Canada and know they have the resources to pay if I win. How big will SEG and CPT be? What will we sue if the company fails, and how will we recover our money from the overseas country brokerages if someone gets stubborn? A lot of risk here maybe. The little guy may have little recourse if a trade in some other country goes bad. What about execution times,...SEG may deliver the order quickly, but will the institution execute a small order quickly? My comments on China come from looking at the CIBT part of the company. There is two heads to China, one glorious portrayal is displayed on this thread, another is displayed here,http://www.siliconinvestor.com/readmsg.aspx?msgid=13320343 http://www.siliconinvestor.com/readmsg.aspx?msgid=13320541 My points are for discussion only. I'm not trying to get anyones goat here. I have read most of the posts on this thread, but my brain has read posts on a lot of threads, and sometimes they get mixed up. My apologies. I look for companies to get a few freebies in, and hold for the long term. Many companies have had enormous runs based on nothing. I'm trying to determine if this is one, because with a $4.00 shareprice, a lot of growth has been discounted, and I would prefer to be sitting with freebies like many of you may have, than trying to establish a preliminary position. I am testing your convictions.