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Strategies & Market Trends : Tech Stock Options

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To: Jack Cardwell who wrote (16943)	7/25/1997 6:27:00 PM
From: Mike Fredericks	of 58727

[Off topic] First off thanks and thanks also for Judy and others with the brokerage advice. >Let me suggest what you've probably already thought of.. Go ahead and find a new broker and set up an account with whatever $$ you can right now.. Right now, my total investment assets are measured with 6 figures, but 2 of them are to the right of the decimal :-). There really isn't enough there to be able to trade much if I had the accounts split in two. My plan is to make back some of what I've lost this year, then get to a point where I can get enough cash to put the minimum down at another brokerage (that's usually what, $2K?) Anyway, once I do that, when I sell an option off in my lombard account, I can take the cash and transfer that, which only takes a week, or a few hours if I pay the fee to wire it. But it will be a while before I can do that... I need about 4-6 more weeks like these past 2 have been. Until then I'll just yell and scream. However, I have learned that it's better to call the broker and put the order in that way rather than trade it over the net if the market is fast moving. Thanks again for all the help and for putting up w/my whining... -Mike

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