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Non-Tech : OAKLEY- NYSE:OO

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To: David Naggar who wrote (989)8/20/1997 10:13:00 PM
From: Brian C. Lund   of 1383
 
Dear David,
I too saw the ad in this weeks IBD for WebStreet, and it looked interesting. There is a Thread that has been started on SI to discuss it, you will probably find more info there.
Re:Free NASDAQ 1000 share trade---don't believe it. They may not charge commission, but they most likely take part of the spread which means thier fills suck. I.E. market 12.00 by 12.25. You put in order, get filled at 12.375. They really bought at 12.25 (or even 12.125) and tacked on the extra which you pay. That is why you have to do 1000 shares (1000 x .125 = 125.00).

Now, how about OO. Are they unable to hold a gain or even go up two days in a row or what?

BCL
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