WANTED Charles Schwab customers. Message Board

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Non-Tech : WANTED Charles Schwab customers.

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To: Cautious_Optimist who wrote (10)	10/28/1997 9:20:00 PM
From: rci	Read Replies (1) of 69

John, I think you've put your finger on it.....the big boys feasted while we couldn't even get access to the markets. Something about this whole access issue smells to high heaven. I, like you have resisted switching to Waterhouse or one of the other less expensive services. Now I'm wondering why? This mentality of "screw the small investor, they're only there for easy pickings" is getting a little old to me also. We won't ever know who got the 1+billion trades executed on the NASDAQ & NYSE exchanges today. I know one thing, somebody did and they had access that I didn't have. My question is...if I never could get through (any way you can imagine), how did Schwab do 300,000 trades today (saw that on TV, from the head of the Schwab office in SF) and who did they do them with? Maybe it was Schwab, in house, tying up all their resources for themselves? This has certainly hit a sour note with people all over. The excuses just don't wash. I have a suspicion that the small investor paid for a large percentage of the money lost yesterday and couldn't even correct their mistake today by riding it back up. A double screwing to say the least. Good luck, we need it. JR

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