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Mark;
I can't understand why it took them this long really. The exchange fee
could easily be put in as a per ticket charge years ago. Sure is taking the
Commodity Industry a longtime to catch up with the Security Industry in all
area's. I guess this isn't as easy as it looks. If it were I would have
bought Yahoo at $20 bucks a share maybe a year ago and it went to $218.00
last month. I think their seeing how much money is being made in the
Security Industry now and saying screw the old way the public got the money
target them. I was also wondering if they had some kind of contract with
the vendors preventing them from giving free data? I doubt that nobody
tells the exchanges what to do that I've ever seen. Good news for everybody
full circle except the quote vendors I guess maybe not will see.
Robert
At 03:45 PM 8/8/98 -0500, Mark Brown wrote:
>Being licensed by the C.B.OT. privies me to some inside info. that is being
>discussed right now. I have been asked to give my input to them as far as
>the future of data feeds concern. In particular is the question of data
>feed charges. I told them give it away, I think they wont listen to me.
>But they are proposing that enterprise licenses be issued. What is this? I
>dont really know myself but I think it would let companies that are
>providing real time data feeds to charge multiple feed sites a flat rate.
>Instead of the old per computer rate. I believe that the feeds are going to
>get real, REAL cheep for real time over the internet. This tells me more
>people will be setting at home competing with me. Good we need all the
>volume we can get. Guess now would be a good time to sell those SP puts I
>was holding off on? Na! I'll wait for all the public to get long here and
>then I'll sell them on the next apparent bottomless crash that should happen
>in the next couple of weeks. Anyway I thought that I'd pass this along and
>let you guys know. The exchanges are finally coming to the conclusion that
>cheaper feed rates = volume...Da!
>
>
>Mark Brown
>
>
>"One World, One Web, One Program" - Microsoft Promotional Ad
>"Ein Volk, Ein Reich, Ein Fuhrer" - Adolf Hitler
>
>ps i got this new MS Outlook Express with service pack for Win NT4 and I
>love it, it makes email ez...
>
>
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