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To: marquis103 who wrote (50437)2/28/1999 11:00:00 AM
From: Kenya AA  Respond to of 97611
 
Russ: I think a lot of the "Big Boys" took their clue from this comment from ML and that probably started the selling before Friday .....

Earlier in the week, Milunovich said in a research note that PC industry revenue growth had slowed to 3% to 5% a year due to falling computer prices. (this is what I originally thought Cramer was referring to in his column) Dell's efforts to grow several times faster than the industry rate "will prove hard to achieve, perhaps resulting in pricing pressures."

Maria also mentioned Milunovich's comments before the bell - I believe on Tuesday.

JMO,

K




To: marquis103 who wrote (50437)2/28/1999 11:02:00 AM
From: Lynn  Read Replies (1) | Respond to of 97611
 
Russ **OT**

Going with what you said, then ML should pick the 50,000 clients initially offered on-line trading from their "average little guy customer(s)" who are not getting the same benefits the "important" customers are. ML is obviously not going to listen to someone like me, but I'd come up with a database of ML customers who have some minimum amount invested in their ML accounts, are within a specified age range [to exclude the very elderly] and have generated very little (if any) commissions over a period of say, 2 to 3 years. These are the people I would first give access to internet trading.

Why? To see if lower commission internet trading gets these current (commission) dead-beats to generate some commissions for a change.

Lynn

P.S. No offence to any thread members who are of the age I mean by "very elderly"--over 85. I would only exclude these elderly people from the initial offer because these people are less likely than younger people to have PCs and get on-line. I would not exclude people in their 70s--if my relatives and their friends in their 70s are typical, buying PCs [and scanners, digital cameras, color printers--loaded toys] and getting on-line is, "hot."