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Non-Tech : Always Looking for Cheap Internet Brokers

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To: mtnres who wrote (395)	12/4/1997 3:47:00 PM
From: C	Read Replies (2) of 602

I know that some of you have already made your decisions regarding your new broker. For those that may still be shopping around, I called First Flushing today to ask about that crazy SEC fee business. Here is what they told me: You take the total amount of your buy or sell and divide it by 30,000. The answere equals the SEC fee. Here is the example they gave me. You buy 5000 shares @ .75 for 3,750.00. You then divide the 3,750.00 by 30,000 and get .125. So your commision is 9.95 plus twelve and a half cents. So this appears to be a non-factor here. Anyway, I just wanted to pass this info on. Clamenza

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