[CrackMonkey] witty c++ text

[Deirdre Saoirse]

On Fri, 18 Feb 2000, Don Marti wrote:

> Anyone else read _City_ by William Whyte?  He examined companies that
> moved from New York City to Westchester Co. or Connecticut, and found 
> that their stocks did much worse than those of companies that stayed 
> in the city.  Maybe being in the city makes employees smarter and 
> more likely to get new ideas from people they run into randomly.

No. First, any significant business move is as traumatic as a fire. This
is somewhat less true in the age of the net, but a lot of business, like
it or not, is still very much face-to-face.

The stock market is very, very much a people business. I didn't
realize how people-oriented it is until I started taking the class I'm in.

The market makers often have regular contact with the companies they make
markets in. As the companies moved out of the area, the contact is
somewhat less and this affects the relationship.

Right now, VA doesn't have any market makers (other than its
underwriters), but when it does start trading options, you'll start seeing
the market makers from PCX dealing with Investor Relations. (Yes, I know
that LNUX trades on NASDAQ, but likely the home exchange for the LNUX
*options* will be the Pacific Exchange as it has traditionally been for
Silicon Valley companies)

Market Makers are, for the most part, individual (sometimes corporate)
investors who are there on the floor making money for themselves.

-- 
_Deirdre   *   http://www.linuxcabal.net   *   http://www.deirdre.net
"Mars has been a tough target" -- Peter G. Neumann, Risks Digest Moderator
"That's because the Martians keep shooting things down." -- Harlan Rosenthal
<Harlan.Rosenthal at Dialogic.com>, retorting in Risks Digest 20.60