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

To: Stryker who wrote (2074)	3/18/1999 11:44:00 PM
From: jebj	Read Replies (1) \| Respond to of 3216

Tks for the reply, Mark. I realize that there has been a lot of heat coming down from the medial of late - 60 Minutes last night as an example - and the number of people that are losing in daytrading. Why they would expect very high numbers of people to make money in daytrading is interesting since there are large numbers of people that don't make money with "real" brokers as well. As an example, my Mother has been with a "major" broker for about 40 years - in real dollars, she has lost money during this time. Don't see a major network interested in doing a story about that, however. From what research I have done over the last few months into day and options trading, I would think that some of the heat is certainly justified due to the "easy way to make lots of money" approach used by many companies out there. A personal friend of mine whet to a two week daytrading class and the amount of "taining" he received was thin at best. He had previous trading experience but to the many that are taking these courses - or, even worse, starting to daytrade with no training - this small amount of "training" is dangerous due to the fact it gives them the feeling that they know what they are doing when, in fact, they hardly know how to work the software. But this does bring up a "catch 22" - if one needs "experience" to open an account with Cyber to have access to the tools one needs but can't get an account until one "proves" themselves by trading without those very same tools, what are they to do? IN some 9 months of study and research, a group of 7 of us had about settled on a Comstock satellite download into Livewire and using Cyber to trade. Now, we may need to re-think due to some may not qualify for Cyber and we all want to be using the same setup. I have had a copy of CyberT here for about 3 months now - very impressed with it - but don't understand why you do not allow us to "papertrade" with the product before opening an account. This would, in my opinion, be a major asset to both your potential customers and to Cyber as both could find out if the customer is really cut out for daytrading before there is a loss of money involved and another "bad" mark for the industry and, in this case, Cyber. Again, tks for your time. jb On the flip side, however,

To: Stryker who wrote (2074)	3/19/1999 12:10:00 AM
From: William Ford	Read Replies (2) \| Respond to of 3216

Hello Mark, I share jebj's puzzlement regarding Cyber's reluctance to offer a demo account. I know you have done this in the past for some traders. I talked to one of them at Robin Dayne's seminar and also discussed this with one of your sales people who verified what I was told. Can you please share with us why Cyber does not now want to offer, say, a one month demo for the cost of the software rental and fees? Why, exactly, would that not be to CyberCorp's benefit, long term? Thanks, Bill