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Non-Tech : Bernie Schaeffer's - Option program

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To: JACK MARCEAU who wrote (71)6/1/1997 12:41:00 PM
From: Mike Fredericks   of 203
 
Jack-

A) I didn't write that; that paragraph was snipped from a letter written by a man named Darryl who works at IRI (the company publishing Bernie's newsletters).

B) What Darryl means when he says that OA is not the easiest to use service: There are several other option services that IRI sells... price tags run to over $2000 per year (don't have the list in front of me.) The Option Advisor is $119/year (that's what they charged me - I just subscribed last week). The Option Advisor comes out once per month with several picks in it. The other, more expensive newsletters are faxed out more often but have fewer picks in them... Since they are faxed, you can make the trades in "real time" - trade right after you get the fax... you can even have them faxed straight to your broker... much easier.

However, I cannot afford to drop $2K for an investment service, especially one where I don't know anything about it personally... if I am satisfied with Bernies Option Advisor, then I may consider using some of the profits that the _OA_ (hopefully) generates to move up to a more expensive system...

-Mike
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