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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: Spytrdr who wrote (7290)6/22/1999 1:35:00 AM
From: Nandu  Read Replies (1) | Respond to of 13953
 
Spy, is it possible to buy, in Amsterdam, say, and then sell in the US? Without doing anything special? Or the other way?



To: Spytrdr who wrote (7290)6/22/1999 9:08:00 AM
From: Bill J. Duke  Read Replies (1) | Respond to of 13953
 
Analysis on CNBC early this A.M. stated that, in general, the brokerage firms are undervalued and expected they have "potential" for share value growth. Interestingly, the analyst mentioned Merrill Lynch and others but didn't comment relative to On-Line Brokerages. He did respond to the question as to whether he felt interest rate increases would be negative for the brokerages and he feels that this time they will not and anticipates big earnings reports out for brokerages.

We all knew this but it is even more true for OLB's.



To: Spytrdr who wrote (7290)6/22/1999 9:14:00 AM
From: Bill J. Duke  Read Replies (2) | Respond to of 13953
 
OFF Topic Related to Amazon.com Associates Program:

Check out my new website "in association with Amazon.com"

dccpub.com




To: Spytrdr who wrote (7290)8/13/1999 12:13:00 PM
From: astyanax  Read Replies (1) | Respond to of 13953
 
Can't buy odd lots of Softbank from EGRP despite EGRP being owned by Softbank, oh the irony. I'm responding to this post [quoted below] from 2 months ago, I didn't see until today.

Look, SpyTrader, I don't know if you mean you bought a round lot or an odd lot. If you actually bought an odd lot than either: 1)you have special connections at ETrade OR 2) the customer service reps I dealt with @ ETrade are unbelievably incompetent. I repeatedly tried to place an order with ETrade for Softbank. And although EGRP is nearly 30% owned by Softbank, EGRP's website would not recognize the SFTBF ticker.

So I called ***TWICE*** via phone broker to buy it. Both times they confirmed my order and said it would be executed once the foreign market opens (different time zones). BOTH TIMES, I was later informed that all odd lot trades for Softbank are rejected by market-makers.

That you can head over to EGRP's website or just call a phone broker and expect to get an odd lot of SFTBF from them is a myth.
- Netconductor.com "toonces"

SpyTrader wrote:
>>Pareto: ask Netconductor, not me.
maybe he doesn't have an account at ETrade, or he just didn't know it was possible to buy foreign stocks on their local
markets.
i used to do that quite often at ETrade last year, buy foreign stocks on their local markets via a live broker, nothing
strange about it, commissions are $ 35 more or less, and confirmations take half an hour or so if the other market is
open during US market hours.