Letter from IB

Discussion in 'Index Futures' started by El Cazador, Apr 4, 2002.

  1. Dear Futures Traders:

    We have had serious technical difficulties in the past few days and I would like to apologize for the difficulties some of you may have experienced. The problems were isolated to our Ethernet switches which we are going to replace with new ones in the course of the coming week. We are going to follow a very careful, gradual, phased in approach. Nevertheless, there is some possibility that in the course of this installation we may experience further brief outages.

    Very truly yours,

    Thomas Peterffy

    I would like to know what brand of switches cause such problems! I think it would make a great short.

    Could you find out for me Def? Thanks

  2. nitro



    The switch is likely made by one of:

    1) CISCO
    2) HP
    3) BROCADE
    4) NORTEL

    Or possibly a few others. Want to short one of these? Everyone else has beaten you to it already! :)

  3. Cisco... probably. The others? I certainly hope NOT!
  4. tntneo

    tntneo Moderator

    Nortel, great short.. this morning got junk bond status I think.. even better. yum.