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Technology Stocks : SIEB Siebert Financial Brokerage -- Ignore unavailable to you. Want to Upgrade?


To: DavidMW who wrote (144)2/4/1999 9:26:00 PM
From: lebo  Read Replies (3) | Respond to of 284
 
Every Wall Street Firm is trying to get in online brokerage one way or another. I believe that this powerful force combined with the expected annual GROWTH (100%) in the number of online traders (users) will fuel an upward move in brokerage stocks. The volatility is a by-product of the industry and is fueled by loosers like Shit Tfu (whatever his name is) who spend their useless time trashing stocks for their own benefit as opposed to researching and learning.



To: DavidMW who wrote (144)2/4/1999 10:54:00 PM
From: Wolff  Read Replies (1) | Respond to of 284
 
FYI HOEN SI thread opened today. (HOENIG GROUP) eom



To: DavidMW who wrote (144)2/7/1999 2:04:00 AM
From: Gil Gilbertson  Respond to of 284
 
These stocks inc. EGRP , AMTD and SIEB are in for some ruff sledding,
they are hyped at the top of a bull market, and have brought on their
own problems with false advertising.
I guess we sort of expected something would hit these stocks and it
turned out to be their own inability to perform to their own ad
standards. To me, that is where the law suits will hit them hard. A
lot of people , I mean a lot, have been hurt by their inability to
deliver the kind of performance they advertise. Like any business
they have an obligation to be truthful and to disclose any pertinent
information that would affect an investors ability to use their
service to help him effect trades in a timely manner.

I feel they are extremely vulnerable and will have to pay off big
time when it is all said and done they will have to either find the
technology to meet their advertising claims or limit their base by
charging more and putting it into better technology. Either way it
will impact their ability to make a profit in the forseeable future and then they will soon face an avalanche of new competition. I
believe the party is over for now as I said before. gil