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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: John D. McClure who wrote (23645)10/29/1997 11:07:00 AM
From: Larry Brubaker  Read Replies (1) of 35569
 
Long-John: E*Trade is $19.95 for NASDAQ (or OTC BB) orders, whether market orders or not. Since almost all of the stocks I buy in my play money fund are NASDAQ (or OTC BB) I think of E*Trade as having a flat $19.95 fee.

E*Trade's fee is $14.95 for listed stocks, although it may be $19.95 for limit orders of listed stocks, not sure since I never buy listed stocks (I was hoping the correction would be deep enough that you could find some bargains with listed stocks).

I jumped ship from fidelity 1 1/2 years ago because I got sick of paying their ridiculous commissions. I understand they've come down recently (kind of like closing the barn door after the cows are gone), but understand they are still considerably above E*Trade, so I have no interest in going back.

I get just as good, if not better, trade execution from E*Trade. Biggest complaint with E*Trade is that on days like yesterday (very busy), the web site slows to a crawl, and they can take forever to answer the phone.
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