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Technology Stocks : SCHWAB IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?


To: Dave who wrote (1850)12/3/1999 1:20:00 PM
From: Labrador  Respond to of 2276
 
I don't know the answer or what the requirements are.



To: Dave who wrote (1850)12/3/1999 10:45:00 PM
From: Gary Metzer  Respond to of 2276
 
Dave,

I just talked to the Schwab rep and he said it was by "invitation only" and the requirements were $7.5MM in household equity OR 500+ trades/year. The ONLY added benefit stated was a more dedicated team, meaning fewer customers per team member. As Scwab hold times are getting greater for my Platinum team, and as NASDAQ volume continues to increase, I'll probably check into switching based on my 1000+ trades/year. (That one day I REALLY want to get through to my Platinum team and can't will make it worth it.)

Good luck

Gary