Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: pae who wrote (6287)	12/22/1997 11:53:00 PM
From: Mike Harkness	of 16892

Pae, your message about e.Schwab could not have been said better. I used to work there and I would back them through thick or thin. However, since I started trading with Datek, Schwab is a thing of the past. I simply can't get over their arrogance for keeping commisions high. If you make any trade over 1000 shares they will sting you with commissions. I recently bought 6500 shares of a stock at 1 1/2 at e.Schwab. The commissions were $190!!! The same trade at Datek, if I'm not mistaken, is $19.98. Even Fidelity has cut their commissions. Schwab is for mutual fund investors. Mike

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