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To: HB who wrote (23804)	11/11/1997 1:35:00 PM
From: DavidG	Respond to of 53903

Howard, << David, re Bateman's discovery of the Secret of One-Eighth.... good advice, but I think you just don't get it. He has to pick a single price, or the commissions would kill him. Although, how do you calculate commisions using complex arithmetic? (BM shares = sqrt{ -1} * posted shares ?). >> One way to beat the commission problem is to pick a broker that has flexible terms and rates. I use Fidelity and trade on the Internet for $14.95 for 1000 shares. Now although the rate isn't the lowest what they do is aggregate all your trades for a given stock during the day and give you one price. eg. 2 buy orders of 500 shares each of MU will only cost $14.95. Even 10 orders of 100 shares each is $14.95....When you go over 1000 shares in one day they just add 3 cents per share up to $14.95....so 1100 shares will be $17.95. This type of billing allows you to average your shares with negligible added costs. Good Luck Trading DavidG