Interesting People mailing list archives
IP: Gads, IBM has it right
From: Dave Farber <farber () cis upenn edu>
Date: Mon, 10 Nov 1997 17:46:31 -0500
GERSTNER TO WALL STREET: GET ONTO THE NET (from Edupage) IBM chief executive Louis V. Gerstner Jr. told the attendees of a conference of security analysts: "Your entire industry will move to the Net. Not just the discounters; all of you will ... It's going to be a very bold move for any of the full-service brokers to break with tradition and throw themselves into direct online trading. But every day, they have to listen as their discount cousins tout low rates and 'round-the-clock access. I hope we'd all agree that the worst possible answer is to do nothing." (Wall Street Journal 7 Nov 97) ************************************************** "Photons have neither morals nor visas" -- Dave Farber 1994 **************************************************
Current thread:
- IP: Gads, IBM has it right Dave Farber (Nov 10)