Michael Vinciquerra
Michael Vinciquerra
apparent believe challenges combined future hybrid optimism reflect regulation shares system
We believe that shares reflect significant optimism about the future of the combined NYSE/Archipelago model, and . . . challenges will only become apparent as the hybrid system and Regulation NMS are implemented during 2006.
allowed information lack push shares today
The lack of information and liquidity in the shares today has allowed speculators to push the valuation to unreasonable levels.