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Technology Stocks : Norsat Intl (Nasdaq:NSAT)value and growth in Wireless -- Ignore unavailable to you. Want to Upgrade?


To: Cheeky Kid who wrote (272)1/22/2000 12:39:00 PM
From: Harlock  Read Replies (1) | Respond to of 397
 
OT: brokers
I use two, Datek and MyDiscountBroker (because you cannot trade OTC:BB on Datek). I also used MSDW before the online guys. In my opinion it's almost impossible to have the kind of returns using a full service broker that you can get online paying about $10.00 a trade, unless you have a really big portfolio and are trading big blocks. Even trading very rarely, the low commissions online make it easy to move money from a stock that's heading south to one heading north. I was up 28% with MSDW over one full year. Not to brag, but I was up 316 % in 1999 using Datek and I am sure many people did even better. I don't expect to be able to repeat that every year of course, but personally, I would never be able to do it paying over $100.00 a trade with MSDW. Instead of going full service, maybe you should ask around and see how the online brokers stack up. I know that NDB for instance has won some awards lately.



To: Cheeky Kid who wrote (272)1/22/2000 2:47:00 PM
From: Ritch D  Read Replies (1) | Respond to of 397
 
...I'd go one better than that...and I am a broker..if I was a retail investor I'd have both full service and 'on-line accounts' and in the case of interlisted stocks like Norsat, I'd be sure to have a broker on either side of our 'peaceful and free trade' border!!