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Non-Tech : J.B. Oxford

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To: Bernard who wrote (2066)	6/11/1999 12:47:00 PM
From: Roland Ott	Read Replies (1) of 2220

I know JBOH - I was a customer of JBOH for nearly 4 years before I transferred my account to Datek because of the recurrently poor performance of JBOH's trading system. They have a nice and easy to use User Interface and quite a good customer service. What I dislike is that they tout to offer stock orders for $10, but in fact you have to pay $13 ($10 + $3) for market orders and $18 (which is $15 + $3) for limited orders. With these fees they are more expensive than other brokers, although they offer less free research and real-time quotes (e.g. no streamer). I agree that JBOH has improved much since the new management has started its work. But there is still an open investigation by the FED about JBOH because of the ugly practices in stock price manipulation the former management crew did. And I have a good idea about the reasons of this probe: before I transferred my account to Datek I still had nearly worthless stocks like SRRIF and MDHIF in my portfolio, stocks which I never would have bought if not my JBOH-representative would have insistently recommended to buy these stocks. Although electronic trading will be much bigger in the future, I strongly believe that JBOH's stock is much overvalued at the current level.

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