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To: jaytee who wrote (671)	11/5/1997 9:58:00 PM
From: Emec	Respond to of 1923

James, Schwab has many different commission structures. There is the regular rate. Then there is the additional 10% off if you use telebroker. An additional 10% if you use the web. I am a Schwab 500 customer which requires a certain amount of equity and number of trades. I get 20 % off plus another 20% of that amount. I still wasn't happy and called and discovered that they would negotiate to keep a good customer. They look at the amount of trades you do and come up with a price. I am at 4 cent per share. I was told that they are revamping everything and will be done by the new year. They are going to a flex commission where customers can choose their commission based on how much or little service they want. Also was told that Eschwab commission is expected to be lowered to 15 per trade.

To: jaytee who wrote (671)	11/5/1997 11:23:00 PM
From: Findit	Read Replies (2) \| Respond to of 1923

Jaytee the commission schedule is not straight forward. Pricing depends on multiple factors like #shares, principal amount, less than a dollar per share etc. Try the 'commission pricer' to do a comparision of many brokers including Schwab. Its located at: intrepid.com BTW any price it comes up with is discounted by 20% if the trade is done on the web. Even with the discount, Schwab is not a real discount broker. My trades average around $60. I am looking to open another account with a deep discounter. I will keep both accounts just in case one is having problems then I have a backup. Jim