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Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (1288)	1/8/2001 3:43:40 PM
From: Jon Tara	Read Replies (1) \| Respond to of 1426

"...oft cited message board assertion that 'many' companies start obscurely, in the no-frills markets, and go on to become the blue chip powerhouses we are familiar with" And how little research goes into these assertions - I have often seen Microsoft cited as one of these, LOL! As an investor in MSFT in their IPO year, I am surprised to discover that I'd bought a BB issue. :)

To: LPS5 who wrote (1288)	1/8/2001 4:37:22 PM
From: hobo	Read Replies (1) \| Respond to of 1426

LP, thanks a lot for your response. i guess that the SEC is yet another proof that when it comes to human nature, it is very difficult to extend assistance in these matters as the "dark side" of ourselves will always take advantage of those who alllow it. a pity really since a genuine effort to open the halls of cheaper financing to those who most need it, is wasted away given the results of the majority of those companies participating. One day I'm going to commission a study with the express purpose of coming up with statistics - names, numbers, and percentages - behind the oft cited message board assertion that 'many' companies start obscurely, in the no-frills markets, and go on to become the blue chip powerhouses we are familiar with. In short, to find out which issues...if any...currently included in the DJIA, NASDAQ100, and S&P500 were ever OTCBB or Pink Sheet issues. that would be a very helpful document to both investors and the SEC itself as it would then give them a clearer picture as to how to proceed from that point. personally, i would not be surprised if the numbers you suggest would be close to reality. again, thank you for your response