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Great idea in theory, but it raises the same problem as attempting to
abolish the IRS.
Who's going to tell the millions of tax accountants, tax attorneys, and IRS
agents to go find a new job flipping burgers.
Don't hold your breath on this one...
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At 11:34 PM 6/20/98 -0500, you wrote:
>
>>Electronic trading edges closer according to the following front-page
>article from today's London "Financial Times".
>
>I think open out cry was great in its day but its day is over. Simply no
>reason to maintain it or the exchanges monthly user fees, time to change to
>per ticket charges. Make trading less expensive to the average person as it
>is in stocks now. Let the floor brokers and the commercials go home get
>their own computers and compete with the rest of us.
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