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Technology Stocks : Intel Corporation (INTC)
INTC 36.38-1.3%3:59 PM EST

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To: Steve Lee who wrote (96918)1/20/2000 4:11:00 PM
From: GVTucker  Read Replies (1) of 186894
 
Steve, RE: commissions

Actually, it is not uncommon to pay zero commissions on OTC trades. What the firm doesn't tell you, though, is that they take a hidden 1/16 spread that never gets reported to you, so your actual commission in that case is 6.25½/share.

Thus, when Yaacov pays 1½/share, his actual trading cost is 7.25½/share.
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