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Non-Tech : JB Oxford, Lombard, Etrade

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To: Martin Wormser who wrote ()	10/25/1996 10:33:00 PM
From: SERGIL CAMPIL	of 396

I been very close to jb oxford and seen their operation from inside...their personel online is the worst and have little knolwedge of any kind...all orders must first be verified on a screen...these so called brokers eat their lunch and talk about the weekend while market orders are pending 'verification...they themselves call it the home of the 30 minute market order...the managers could care less...if you want to know what goes on...know that the behind the scenes owner is Irving Kott who has been fined millions of dollars for fraud in the netherlands and canada whre he is bared from doing business for LIFE..he does not show up in any jb oxford material but is frequently there...bloomberg has a news story..call you broker at a wirehouse and ask for it...it will blow you away...they make their money on market making activiteis where your order goes to a trader to shop around for a good trade to benefit them and not you!!! call the NASD in Washington and there you will find his name on file..it is public information...the former name of jb oxford is RKS financial inc involved in stock manipulation of Future communiaction and Spectrum Information tech...RKS (now JB Oxford payed over 6 million dollars to settle and their brokers have bee guilty of of securites violations and fined at their now closed San Francisco office..there is an article of this in Barrons a few months ago...Raffi Kahn was a million dollar broker at RKS and the Barrons article profiles his involvement..also look athe RKS Financial inc. 1994 annual report....things have not changed much there...just a different name and a different way of squeezing the customer....I would rather jump of a bridge than deal with those guys...

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