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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (6955)	6/5/2006 2:45:19 AM
From: Maurice Winn	Respond to of 217786

I suppose I am so used to thinking of using continuous auctions to set prices that I forget that most people think that's a weird idea. Even when I spelled it out, with my Globalstar and Qi examples, you didn't notice it was there and suggested I tack "by free market..." on the end. You can find swarms of hordes of rants by Mqurice on pricing or p-----g over years, decades and now centuries in SI. Especially where the word Globalstar is concerned. In the Globalstar stream, I think nobody agreed with me. Pierre finally admitted that "Current Price Is ..." would be the right way to have priced Globalstar minutes. The desire for control runs too strongly in people to let other people decide even things for themselves. Mqurice PS: I have previously nominated myself for a Nobel Prize for the discovery of continuous auction as a means of setting prices, without bothering with a central planning committee and their attendant blunders and costs.