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Microcap & Penny Stocks : Trading 101

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To: Frank Summers who wrote (279)	5/29/1998 8:12:00 AM
From: Beverley Davies	of 406

Frank, The way I understand it the first 5k are a flat fee, then 1 cent a share for all shares above 5k. These commissions vary widely among brokerage houses. But, some deep discount brokers cater more to the penny arena. Two popular brokers that you may want to check out are National Discount Brokers -- ndb.com, and ETrade -- etrade.com. For a list of discount brokers, check out this site...http://www.sonic.net/donaldj/brokers.html, however some data may not be accurate. Verify with the broker before making your decision to sign up. Another site to check out is Choosing a Discount Broker at sonic.net Beverley

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