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Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?


To: Dan Swartzendruber who wrote (1892)2/13/1999 4:36:00 AM
From: wlcnyc  Read Replies (1) | Respond to of 3216
 
LOL! I agree - Great minds?. Here is a copy of the EMail that I sent to CyberCorp re their ridiculous PR:

I find your PR, to put it mildly, contradictory, self-serving, and arrogant! Consider the following statement made by your CEO, Philip R. Berger:

''Many of the plaintiffs, as well as many other online day traders should not have been trading with E*TRADE or any other traditional Internet brokerages,'' said Berber in response to lawsuits recently filed against E*TRADE concerning that company's technology problems and the delays they caused."

This statement was followed by this one:

"In order to open an account at CyBerBroker and receive the CyBerTrader software, investors must meet a strict set of qualifications. CyBerBroker interviews each applicant to determine if they have the knowledge and experience that it requires to use a high-end, real-time, direct-access day trading platform. CyBerBroker accepted only one out of four traders who applied to open an account last year. ''It's a question of suitability and safety,'' said Berber."

So, it appears that you are of the opinion the 3 out of 4 traders who are refused an account at CyberBroker "....should not have been trading with E*TRADE or any other traditional Internet brokerages.." Where would you suggest that they gain the experience that you require. Perhaps you should have included the names of some of your competitors who would accept them. That would have provided you with yet another opportunity to put down your competition.

I am NOT connected with E-Trade in any way, not even as a customer. It is just when I read your PR I was overwhelmed by the stupidity of it all. Whose harebrained idea was it to "kick" some traders when they were already down? Unbelievable!

Sincerely,

xxxx xxxxxx
"