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To: FWS who wrote (10698)	11/19/1999 3:47:00 PM
From: DownSouth	Respond to of 54805

Chris, I can see no real advantage in spreading my accounts among more than one brokerage house. No more than having all your money in one bank.

To: FWS who wrote (10698)	11/19/1999 3:56:00 PM
From: RoseCampion	Respond to of 54805

One big account gets you more attention, service, and perks. With seemingly my entire net worth at Fido, I get access to their IPOs (second tier, from Lehman, but still profitable), very good commissions, preferential (private phone#) trading treatment, and a willingness to ever-so-slightly bend the rules now and then. It simplifies the bookkeeping a whole lot, too. -Rose- PS: lest anyone think I'm in the same rarified financial state as the more successful, elder* members of the thread, I'm by no means a Quillionaire. I have had good luck with Fido even though I'm only a "mid-tier" customer in terms of account size. (*metaphorically speaking, of course)

To: FWS who wrote (10698)	11/19/1999 5:45:00 PM
From: StockHawk	Read Replies (1) \| Respond to of 54805

Chris, you got two good answers on why it is advisable to have just one account. On the other hand, although reliability has improved over the last year or two, outages do still occur. This obviously effects those trying to trade on-line but also effects those who use the phones as the phone lines get tied up when the online systems go down. Having a second account may, in some circumstances, be beneficial as you have a fall-back in case something goes wrong with your primary account. StockHawk