Shooting Up, Coming Down

Millman, Gregory J.
November 1999
Financial Executive;Nov/Dec99, Vol. 15 Issue 6, p20
Academic Journal
The article reports on Proxicom and day trading. Proxicom was founded in 1991 for the purpose of marketing Next Computers through electronic commerce. Ken Tarpey, the chief financial officer for Proxicom, claims that stockholder relations and information for capitalists and financiers are his priorities and helps keep the company's profitability consistent. Day traders have been major contributors to the company's sale of stock since it has gone public through the use of specialized software which determines specific stock rising and falling.


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