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Non-Tech : Always Looking for Cheap Internet Brokers

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To: MichaelDP who wrote (183)	11/20/1997 3:28:00 AM
From: mtnres	Read Replies (2) of 602

If Farsight wants to cater to "institutions" and the rest of the brokers "don't want penny stocks because they are audited more often" or whatever.... Why don't we start our own penny stock mutual fund institution. For the benefit of all of us, hell, what's it take, a broker's license or two. Sure we have some of those around in our ranks. Maybe we could get MK!! My Paine Webber broker went through an audit because of my penny stock deals. He said it took less than 10 minutes and the jist of it was to make sure that the trades were to my type of investing and expectancies. We have all signed those disclaimers at one broker or another for that before. Either one blanket one or one for each trade. Anyway, I like the idea of starting our own deal and thus we can grandfather ourselves to make money off those similarly positioned. Why think small? Hmmm....been holding OVIS too long or are we on to something here?

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