Options Message Board - Msg: 12388454

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Strategies & Market Trends : Options

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To: Poet who wrote (119)	12/27/1999 11:21:00 AM
From: PAL	Read Replies (1) of 8096

Hi Poet: Congratulations to your GSTRF: while Iridium has $ 1/minute to b/e, GSTRF only needs $ 0.05/min. They have presold $ 25M of time to wholesalers averaging $ 0.47/min. The company needs only 400K users to be profitable. And what technology is GSTRF based on? Of course everybody knows the answer: C D M A.!! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I am in the process of moving to Schwab from TD Waterhouse. I was with Jack White (a wonderful discount broker) which then was bought out by Waterhouse. Did consider WS Access and Preferred Trade, they have much cheaper commission rates, but I have chosen Schwab. I will post my experience with them. So far I have not heard any negative on Schwab. I guess you get what you pay for. Best regards Paul

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