Stockbrokers: who's agenda? Message Board

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Gold/Mining/Energy : Stockbrokers: who's agenda?

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To: Serge Collins who wrote (7)	7/13/1997 10:49:00 PM
From: JAMES BORECKI	of 16

I'm very ignorant about underwritten stocks and how that whole process works. What does the brokerage get for doing this? Do they get this stock at a lower or discounted price? They must get something out of it other than the standard commission. The more I hear about the way this system works the more I see my future in buying direct on the net. What I'm hesitant to totally give up, however, are a couple of leads that I do get every year from my broker that do make me a good chunk of money. My problem is that they are hidden amongst a basket full of turtles or ..... I just answered my own question. There's bound to be something good if you have a basket full. JimBo

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