Tech Report - 4/3/07
Tech stocks rallied a bit today off of low oil and some improved housing data for existing house sales. Nvidia was still stiffled. Nothing really new to report on tech. I'd like people to focus some attention towards the NY Stock Exchange Inc. (NYX) I know it's a bit expensive, but it is a stock that I'm bullish on, not to mention its is a good stock that you won't have to worry about its cash flow variance. You have to pay to be traded on the exchange, go figure! I will hold off on a proposal for now though.posted by Anonymous at
4:24 PM
1 Comments:
The problem I see in picking up an exchange like NYSE is that Sarbox is detering people from listing in the US, even to the extent of being a public company. NYSE cut their flat listing fee of around 250k to try to stir up demand. Also, their exposure to the trading that is the cash cow for exchanges - derivatives - is not as high as other players
By
Rich Golaszewski, at 4:55 PM
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