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Re: Some general questions-"new business model"



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It's already gone to $5.


----- Original Message -----
From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: "Bob Fulks" <bfulks@xxxxxxxxxxxx>
Cc: "Omega-List" <omega-list@xxxxxxxxxx>
Sent: Monday, March 26, 2001 12:38 AM
Subject: RE: Some general questions-"new business model"


> EXACTLY.....why would <ANYONE> want to get-in on the cut-throat brokerage
> business especially in THIS MONTH's market and trading environment????.
> Of course, 6 MONTHS ago it was a different story.
>
> I wouldn't be surprised to see the $10 R/T E-mini go to $5 within a year.
> Where's the money in that ?
> Heck...it could go to a single BUCK per R/T.....
>
> > -----Original Message-----
> > From: Bob Fulks [mailto:bfulks@xxxxxxxxxxxx]
> > Sent: Sunday, March 25, 2001 4:12 PM
> > To: DH
> > Cc: Omega List
> > Subject: Re: Some general questions
> >
> >
> > At 11:20 AM -0800 3/25/01, DH wrote:
> >
> > > > OK, so Omega is moving on with its new business model,
> > >
> > >Yeah, they are going into the brokerage business just as Schwab is
> > >laying off thousands of employees. Good call (again) Bill and Ralph.
:-)
> >
> > And they would much rather have thousands of well funded competitors
> > in the brokerage business than have a virtual monopoly in the
> > TradeStation business.
> >
> > This will make a good business-school case someday...
> >
> >
>
>