Any info about Iomega (IOM)? Message Board

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

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To: Francis Muir who wrote (38516)	12/4/1997 12:00:00 PM
From: John M. Hammer	Read Replies (1) of 58324

OT - Partial Fills << << I can't believe they are going to charge you a full commission for each part of the partial fill! >> In fact they can and will, and it's all perfectly legal. I should have checked the AON box. Some stocks are so thinly traded that it is sometimes advantageous to buy a few at a time as the price bounces up and down. Remember that there's no question of partial filling if you buy and sell at Market Price.>> Well, I've used a number of online brokers now (eBroker, Farsight, Datek, Waterhouse) and have had orders broken into multiple partial fills, and never once was I charged more than one commission as long as the executions all happened on the same day and resulted from a single order. If Etrade has a different policy, then that sounds like a good reason to avoid them completely. I never use market orders anymore, because market makers and specialists can take advantage of them too easily. Best wishes, John

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