Word: marketeers
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Dates: during 1990-1999
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...eyeballs on the Net. AOL's contention--and the government's--is that Microsoft is comparing apples and oranges. True, AOL's 18 million online customers easily outnumber Microsoft's 2 million. On the other hand, Microsoft's Web browser now commands a 60% share of the U.S. office market against 40% and falling for AOL's, according to the latest figures from Zona Research (the release of which could not have come at a worse time for Gates...
There is only one problem. The whole existence of a fair market in which to raise and invest capital depends on ample liquidity and equal access to information for all. Right now, the hours between 9:30 a.m. and 4 p.m. E.T. present the most honest, open and, yes, perfect market in the world. That's when the institutions know they can handle high volume and be assured of the best executions, the cherished "market order...
...highly paid Wall Streeter I should just shut up and deal with it. After all, trading stocks has become the national pastime, and as in the case of its predecessor, day games just don't draw enough crowds. Night sessions will open up a huge West Coast market and add those individuals who can't day trade because their bosses won't let them. If the exchange doesn't harness this audience, competing entities certainly will...
Just extending the hours, however, won't make it fair. Only the coming together of billions of dollars in institutional money makes a market work efficiently and properly. And that can only be assured to happen between 9:30 and 4. That's why you should fear coming to the badlands. The professional sharpshooters are always looking for some fresh after-hours blood. They await your arrival--the sooner the better. Don't say I didn't warn...
...WHEELS In the market for a new car? You might want to consult www.insure.com's Auto Theft Risk Finder for a list of makes and models stolen most often in your state. Or if you're planning a trip, you can see where your car might be most wanted. The site offers statistics on scores of metro areas (Miami had the worst record in 1997, with 1 of every 38 cars swiped). Buy a car with a high-theft risk where you live, and you could face a bigger insurance bill...