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Technology Stocks : Intel Corporation (INTC)
INTC 37.96-1.3%10:58 AM EST

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To: Jim McMannis who wrote (110365)9/19/2000 9:55:36 PM
From: SisterMaryElephant  Read Replies (4) of 186894
 
Jim,

<RE:"When Fidelity decides to sell, you know the stock will react. Doesn't Fidelity go through a broker"

Yes they do, they are the broker.....>

Are you sure about this? I believe I saw one of the expenses Fidelity funds charge customers is a "brokers fee". Also, Intel is not traded on the floor of the NYSE, so it's not like Fidelity has any privileges, it must cost them something to trade.

Fidelity may be a bad example; there could be other major holders of Intel stock (pension funds) which do require brokerage services, don't you think?

SK
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