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Non-Tech : Web Street Securities (WEBS)

WEBS 18.85

+0.5%

Nov 5 4:00 PM EST

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To: Doug Coughlan who wrote (1126)	11/11/1999 6:24:00 PM
From: Billy Martin	Read Replies (2) of 1339

Doug, I have put my complaints here before about Web St. and I did recently open an account at A.B Watley. Here are my findings after 1 1/2 weeks of trading. If you need fast executions and like to go long mostly Watley is far better. You can use Island and ECNs. Island got me great fills when I would of been still on the confirmation screen at Web St. 1-2 seconds. Cancel an order. One click it's done in 1 sec. or less. Awesome. Also they offer before and after hours trading but I haven't done that yet. Web St. is much better for shorting. Watley has a short list thats poor and you can't short an IPO for 30 days. I only have 56K access, 450 Pentium II, 128 Meg Ram. Watley has software you download so it doesn't go thru a browser. Also I have real time Dow Jones news which is sweet. $20,000 needed for Watley ultimate trader. I keep some in my Web St account for shorting. Bill

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