11/15/2006

So Much for the LSE Threat

Not only is the LSE too small to present a serious threat to the NYSE, but seven firms, all traded on the NYSE, are forming a trading platform to compete with it and the other European exchanges. I guess the years of skyrocketing share prices for the exchanges finally convinced people outside the business that there's money to be made. I've held Nasdaq stock for years, but if this trend continues it might finally be time to leave it behind.

This blog is no longer being updated. Visit ByrneHobart.com for more blogging, or pay a visit to my new Internet stock research and M&A due diligence company.


posted by Byrne Hobart at 2:00:00 AM

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