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New on-line broker promises better prices for investors

Article Abstract:

CyBerCorp will introduce CyBerXchange, a new Internet-based trading system that will electronically route investors to the trading site offering the best price. The Austin, TX-based company will not accept payment for order flow. Philip Berber, the CEO of the company, stresses that other brokerages fail to provide their clients the best price because they would choose to sell to a third party to earn extra income.

Author: Kim, James
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
Prepackaged software, Software, CyberCorp Inc.

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New on-line broker promises better prices for investors

Article Abstract:

CyBerCorp will introduce CyBerXchange, a new Internet-based trading system that will electronically route investors to the trading site offering the best price. The Austin, TX-based company will not accept payment for order flow. Philip Berber, the CEO of the company, stresses that other brokerages fail to provide their clients the best price because they would choose to sell to a third party to earn extra income.

Author: Kim, James
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
Securities Dealers, Investment Banking and Securities Dealing, Marketing procedures, CyBerCorp

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Microsoft rallies despite uncertainty

Article Abstract:

Stocks of Microsoft Corp fell but rebounded later after the ruling that it was a monopoly. Its stock price fell by 6 7/8 at the start of trading on Nov 8, 1999 and closed at $90 at the end of trading, down 1 5/8 from its closing price on Friday, Nov. 5. While the price decline was due to investors' uncertainty, analysts say its recovery was due to the realization that the case would take years to resolve.

Author: Kim, James
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
United States, Securities prices, Microsoft Corp.

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