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Non-Tech : Ashton Technology (ASTN) -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (3762)	4/20/2001 9:00:47 PM
From: Smokey888	Read Replies (1) \| Respond to of 4443

you said: (Response:http://www.investorshub.com/beta/read_msg.asp?message_id=82307) "As I've said several times, human traders are entrenched in the buyside-sellside culture, but there are definitely places in which both buy- and sellside entities can benefit from electronic accoutrements. Good institutional ATS' should seek to meet requirements that, first and foremost address various needs and fears of portfolio managers; second, for business viability, that meet those needs and fears that can't easily - via cost, speed, or other functionality - be replicated by block/principal/agency desks. In MBA terms, the prospect offered by an alternative trading system - particularly where institutions are concerned - must be one which forces the "buy" hand in the classic "buy vs. build" decision: impossible to copy, imperative to utilize. If it doesn't meet needs (real needs, as expressed by the institutions, and not ATS-defined needs) and can be copied easily, either via pricing, functionality, or speed - it's in danger from day one." Evwap meets a need, but it can be easily copied, can it not? Puts a bit of a cloud over evwap, doesn't it? The key words being "its in danger from day one........." Response: investorshub.com