Arthur Levitt | "Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation."

"Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation."

Arthur Levitt, American Public Servant

Computer, Fact, Order

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"Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation."

"To me, there is something superbly symbolic in the fact that an astronaut, sent up as assistant to a series of computers, found that he worked more accurately and more intelligently than they. Inside the capsule, man is still in charge."

Author Name

Personal Development

"The word user is the word used by the computer professional when they mean idiot."

Author Name

Personal Development

"I just recently did a film with Disney, and they put the drawings straight on the computer. And it's all painted on the computer now and not by hand anymore."

Author Name

Personal Development

"I'm projecting somewhere between 100 million and 200 million computers on the Net by the end of December 2000, and about 300 million users by that same time."

Author Name

Personal Development

"I've never had Internet access. Actually, I have looked at things on other people's computers as a bystander. A few times in my life I've opened email accounts, twice actually, but it's something I don't want in my life right now."

Author Name

Personal Development

"So the thing I realized rather gradually - I must say starting about 20 years ago now that we know about computers and things - there's a possibility of a more general basis for rules to describe nature."

Author Name

Personal Development

"The ARPAnet was the first transcontinental, high-speed computer network."

Author Name

Personal Development

"What I try to do is factor in how people use computers, what people's problems are, and how these technologies can get applied to those problems. Then I try to direct the various product groups to act on this information."

Author Name

Personal Development

"One of the biggest challenges we had in the first decade was not that many people had personal computers. There weren't that many people to sell to, and it was hard to identify them."

Author Name

Personal Development

"One of the problems with computers, particularly for the older people, is they were befuddled by them, and the computers have gotten better. They have gotten easier to use. They have gotten less expensive. The software interfaces have made things a lot more accessible."

Author Name

Personal Development

"Once again, stock markets have been threatened with extinction for almost 75 years, and I have found that stock markets are harder to kill than roaches."

Years

"Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation."

Computer

"The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues."

Competition

"I think we have got to start thinking about banding together in terms of interested groups."

Thinking

"Firms need to ensure that their ability to provide effective customer service keeps pace with their growth. If you're marketing your firm to new customers, you better be able to provide them service when they do business with you."

Business

"It is incumbent on us to facilitate the development of a market structure that best assures that these changes benefit the U.S. securities markets as a whole."

Development

"Although the Internet makes it seem as if you have a direct connection to the securities market, you don't. Lines may clog; systems may break; orders may back-up."

Connection

"What must occur is a greater recognition by investors of their individual responsibility."

Responsibility

"Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical."

Skepticism

"I think that the failures of Enron and WorldCom and other companies are partially failures of investors to recognize companies that are selling for a thousand times nothing, but chances are they may be worth only that."

Selling

11

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"To me, there is something superbly symbolic in the fact that an astronaut, sent up as assistant to a series of computers, found that he worked more accurately and more intelligently than they. Inside the capsule, man is still in charge."

Author Name

Personal Development

"The word user is the word used by the computer professional when they mean idiot."

Author Name

Personal Development

"I just recently did a film with Disney, and they put the drawings straight on the computer. And it's all painted on the computer now and not by hand anymore."

Author Name

Personal Development

"I'm projecting somewhere between 100 million and 200 million computers on the Net by the end of December 2000, and about 300 million users by that same time."

Author Name

Personal Development

"I've never had Internet access. Actually, I have looked at things on other people's computers as a bystander. A few times in my life I've opened email accounts, twice actually, but it's something I don't want in my life right now."

Author Name

Personal Development

"So the thing I realized rather gradually - I must say starting about 20 years ago now that we know about computers and things - there's a possibility of a more general basis for rules to describe nature."

Author Name

Personal Development

"The ARPAnet was the first transcontinental, high-speed computer network."

Author Name

Personal Development

"What I try to do is factor in how people use computers, what people's problems are, and how these technologies can get applied to those problems. Then I try to direct the various product groups to act on this information."

Author Name

Personal Development

"One of the biggest challenges we had in the first decade was not that many people had personal computers. There weren't that many people to sell to, and it was hard to identify them."

Author Name

Personal Development

"One of the problems with computers, particularly for the older people, is they were befuddled by them, and the computers have gotten better. They have gotten easier to use. They have gotten less expensive. The software interfaces have made things a lot more accessible."

Author Name

Personal Development

More

"Once again, stock markets have been threatened with extinction for almost 75 years, and I have found that stock markets are harder to kill than roaches."

Years

"Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation."

Computer

"The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues."

Competition

"I think we have got to start thinking about banding together in terms of interested groups."

Thinking

"Firms need to ensure that their ability to provide effective customer service keeps pace with their growth. If you're marketing your firm to new customers, you better be able to provide them service when they do business with you."

Business

"It is incumbent on us to facilitate the development of a market structure that best assures that these changes benefit the U.S. securities markets as a whole."

Development

"Although the Internet makes it seem as if you have a direct connection to the securities market, you don't. Lines may clog; systems may break; orders may back-up."

Connection

"What must occur is a greater recognition by investors of their individual responsibility."

Responsibility

"Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical."

Skepticism

"I think that the failures of Enron and WorldCom and other companies are partially failures of investors to recognize companies that are selling for a thousand times nothing, but chances are they may be worth only that."

Selling