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Non-Tech : Any info about Iomega (IOM)?

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To: Roy S. Newman II who wrote (3825)6/30/1996 1:30:00 PM
From: eric larson   of 58324
 
Roy, you might want to explore Jack White & Company:

Online trading with Jack White (voted #1 discount broker for 3rd straight year by SmartMoney) yields a 10% discount over regular discount rates [($ 33 + .03/share ) x .90 == $ 32.40 per 100-share tranaction, for example].

What's very nice is that Jack White reports back within minutes both by email and by automatic telephone report. That is, usually within about 4-to-8 minutes, an electronic trader with Jack White receives transaction confirmation via TWO means: personal email and auto-televoice. Sometimes, when the market is *very* busy, the reports can be delayed. When that happens, I just contact trading desk verbally, and account transactions are checked manually and promptly. No hassles.

An account with Jack White also offers other benefits through SECAPL's PAWWS basic service, including daily email of up to 150 customized stock/mutual/indices quotes. (This daily service just went through some "upgrading" and has a few bugs to iron out, but I have faith PAWWS will get its act together.) Too bad, though, that PAWWS (and/or Jack White directly) doesn't include in its basic service something like Lombard's free intraday quote service for stocks and options. Such a service from PAWWS costs extra for delayed quotes (and not just a few bucks for real-time quotes). Lombard recently has been upgrading its servers to handle higher loads. Lombard doesn't service the broad collection of No-fee/No-load mutual funds that Jack White does (over 800...with a minimum holding period 90 days to maintain "no-fee" status on a MF-transaction ...otherwise just $27-to-$35 for most Mutual fund trades).

eric
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