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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Charles Tutt who wrote (39066)	12/12/2000 4:05:30 PM
From: Tony Viola	Read Replies (2) \| Respond to of 64865

Schwab uses IBM iron, I think. At least half the screens they pull up when I make my very infrequent visits there look like legacy circa 60s screens. TV

To: Charles Tutt who wrote (39066)	12/12/2000 4:08:01 PM
From: Prognosticator	Respond to of 64865

Schwab are not my favourite topic of conversation at present. I'm thinking of switching to another broker, it's only sloth that prevents me from doing so immediately. One fun thing I found out yesterday when they scalped 1/2 a point off an options trade: they quote a 'consolidated' bid/ask price, but are free to place the order on whichever options exchange they like. In my case, the Chicago exchange was quoting something like bid 7 1/2, while the Pacific exchange was bid 6 7/8. Guess which one my trade got done on? All perfectly legal, no doubt with Schwab arbitraging the difference into their own pockets. All because options trades don't have to be done in a consolidated manner. P.