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songbirdia

06/24/09 7:41 PM

#14098 RE: milo3 #14097

Hi Milo, Paul mentioned in the recent interview that investors are very wary of turning funds over to money managers these days. With the market way off, and Madoff fallout it is not to surprising.

From what I can gather, the new model for 141 Cap seems to be one where customers are in charge of their own accounts - but they have access to trading tools created by 141 and others (through sharing trading templates). I think the plan resembles the original SpoozToolz plan quite closely - except now all this takes place within a brokerage (TradeTablet)

This is just what I am conceptualizing from what has been said recently from the company - I may have missed something.

Gbathat

06/24/09 9:24 PM

#14100 RE: milo3 #14097

I agree Milo, and I also think that trading was sort of the backup plan all along. Perhaps some opportunities arose that rekindled the spooztoolz dream... Madoff certainly didn't help us!

We'll see how this all pans out someday.